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Flutter cuts US guidance
FanDuel’s Owner Flutter Warns Of Profit Drop After Gamblers Hit Winning Streak
International sports betting operator Flutter has warned of a hit to revenues and profits after U.S. gamblers enjoyed a string of winning bets on the NFL.
FanDuel Owner Flutter Cuts Guidance. Blame Sports Bettors Winning Big on the NFL.
Some of the National Football League’s strongest teams are having dominant seasons—and that’s helping sports bettors beat the house. FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday,
Flutter Cuts US Guidance as NFL Gamblers Ride Winning Streak
DUBLIN (Reuters) - Flutter, the world's largest online betting company, said on Tuesday it expects 2024 earnings at its fast-growing U.S. FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak.
Detroit Lions Take A Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says could happen next.
FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many NFL Favorites Won
Key Takeaways FanDuel parent Flutter Entertainment warned that its U.S. results will be lower than anticipated because too many NFL favorites won this season, giving customers better payouts.The online gambling company said the "customer friendly" wagering resulted in lowering full-year U.
The house always wins. This NFL season, Flutter is finding out, so does the favourite
The customer-friendly run of NFL results in the fourth quarter was, to a certain extent, foreseen by the market
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Flutter Entertainment shares are trading lower in Tuesday's after-hours session after the company cut near-term guidance due to a period of "very unfavorable" sports results.
Flutter profits hit as US gamblers win big on NFL games
FanDuel and Paddy Power owner says results were most ‘customer friendly’ since launch of online sports betting
FanDuel Parent Warns: NFL Bettors Won Too Much
It looks like the House doesn’t always win. FanDuel parent Flutter Entertainment again lowered its estimates for 2024, citing the most customer-friendly NFL season “since the launch of online sports betting with the highest rate of favorites winning in nearly 20 years.
igamingbusiness
19h
Flutter issues US profit warning amid “very unfavourable” sports results
Flutter is likely to fall around $370 million short of US revenue expectations following “very unfavourable” sports results ...
19h
Flutter Entertainment rises Wednesday, outperforms market
Flutter Entertainment PLC FLTR shares inched up 0.39% to £206.10 Wednesday, on what proved to be an all-around positive ...
1d
Paddy Power owner Flutter warns of hit to profits after customers win big on US sports events
The group revealed late on Tuesday night that the NFL American football season so far as been the 'most customer friendly' ...
1d
Flutter Entertainment Advances Share Buyback with Latest Share Redemption
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...
23h
on MSN
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies ...
Joplin Globe
1d
Flutter Announces Update on Short-Term US Sports Results Impact
Flutter Entertainment (NYSE:FLUT; LSE:FLTR) (“Flutter”), the world's leading online sports betting and iGaming operator today announces a brief update on the impact of US sports results on Q4 2024 ...
2d
JMP Securities Increases Flutter Entertainment (NYSE:FLUT) Price Target to $311.00
Flutter Entertainment (NYSE:FLUT – Get Free Report) had its price target hoisted by analysts at JMP Securities from $299.00 ...
2d
Citi names Flutter, Entain, Prosus top 2025 European gaming picks
Citi analyst Monique Pollard says the firm’s picks for 2025 in European gaming and internet are Entain (GMVHF), Flutter Entertainment (FLUT), ...
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