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FanDuel Owner Flutter Cuts Guidance

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.

Reuters · 20h

Flutter cuts US guidance as NFL gamblers ride winning streak

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.

The Financial Times · 9h

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

Barron's on MSN · 3h

FanDuel Owner Flutter Cuts Guidance as NFL Favorites Keep Winning

FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday, blaming gamblers who won big by backing favorites. The current NFL season “has been the most customer-friendly since the launch of online sports betting,

NFL, DraftKings and DFS

CBS Sports on MSN · 2d

NFL DFS for Lions vs. Vikings: Top DraftKings, FanDuel daily Fantasy football picks for Sunday Night Football

DFS millionaire Mike McClure shares his top daily Fantasy football picks for Minnesota Vikings vs. Detriot Lions on SNF

Sporting News on MSN · 2h

Best NFL DFS sleepers and expert value picks for DraftKings, FanDuel playoff contests wild-card weekend

The Sporting News' betting and fantasy team unveils the best DFS sleepers and value plays for NFL wild-card weekend, highlighted by Justin Herbert, Bucky Irving and Marvin Mims Jr.

Austin American-Statesman · 1d

NFL playoffs picks: Predictions and odds for every wild-card game

The NFL playoffs are here and experts are already weighing in with picks for every wild-card game. Here's an early look at predictions and odds

5hon MSN

NFL football outcomes clip earnings expectations at FanDuel and DraftKings

The sports betting sector is on watch after Flutter Entertainment plc (NYSE:FLUT) provided a Q4 update that called out $438 ...

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 ...

Legal Sports Report2h

FanDuel Parent Again Revises EBITDA Guidance On Unfavorable NFL Results

Football season has been great in terms of customer acquisition but has done a number on the bottom line, according to ...

5hon 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 ...

Covers4h

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.

19h

FanDuel Parent Warns: NFL Bettors Won Too Much

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 ...