FanDuel, Flutter Entertainment and NFL

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.
FanDuel Owner Flutter Entertainment Takes $370 Million Hit as Result of Bettor-Friendly NFL Season
In Q3, US business represented approximately 38% of sales for Flutter Entertainment. Along with FanDuel, the company owns gaming brands Paddy Power, Betfair, TVG, and Sky Betting & Gaming.
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 Entertainment issues profit warning as American Football fans go on winning run
Flutter Entertainment has issued a profits warning after taking a hit of $438 million (£352m/€425m) as punters enjoyed a winning run on American football. The parent company of Paddy Power and Sky Bet said that one match alone, the Detroit Lions' 40-34 victory over the San Francisco 49ers on December 30, cost them $74m.
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.
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 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 ...
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 ...
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Flutter Entertainment warns of $370M revenue shortfall driven by NFL betting losses
Flutter Entertainment has warned of a revenue shortfall for its US operations, citing unfavorable NFL betting results during ...
Gamblers’ NFL Success Prompts Flutter Entertainment to Cut U.S. Outlook
Flutter Entertainment lowered its full-year 2024 U.S. outlook citing unfavorable sports results from mid-November through all ...
Flutter Entertainment: Buy Rating Reaffirmed Despite Short-term Setbacks, Driven by Long-term Growth Potential
Flutter Entertainment PLC (FLTR – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.
Flutter Entertainment plc (FLUT) Stock Forecasts
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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 ...
Flutter Entertainment price target lowered to $317 from $322 at Susquehanna
Susquehanna lowered the firm’s price target on Flutter Entertainment (FLUT) to $317 from $322 and keeps a Positive rating on the shares. The ...