FanDuel Owner Flutter Cuts 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 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,
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.
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 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
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 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 ...
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 ...
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.
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 ...
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 ...
Positive Long-Term Outlook for Flutter Entertainment Despite Short-Term Setbacks
Adrien Hilaire, an analyst from Bank of America Securities, reiterated the Buy rating on Flutter Entertainment PLC (FLTR – Research Report).