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 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 in the country.
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
Flutter Entertainment Faces Revenue Hit from Favorable NFL Outcomes
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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.
Betting company Flutter warns over hit to profits - because the best sports teams keep winning
Betting company Flutter warns over hit to profits - because the best sports teams keep winning - The group owns the likes of Paddy Power, Betfair and FanDuel says revenues were hit by more than £300m
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 falls Tuesday, underperforms market
Shares of Flutter Entertainment PLC FLTR inched down 0.92% to £205.30 Tuesday, on what proved to be an all-around dismal ...
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 ...
Flutter Entertainment lowers U.S. 2024 revenue view to $5.78B from $6.05B-6.25B
Following our Q3 earnings report on November 12, continued strong US player momentum has been offset by a period of very ...
FTSE 100 Live 08 January: NFL results hit Flutter guidance, Hornby on track
A poor Wall Street session means the FTSE 100 index is forecast to open 25 points lower at 8221, having also struggled to ...
Flutter Entertainment plc (FLUT) Stock Forecasts
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Flutter Entertainment down 3% at $245 after FY24 sports results update
EST Flutter Entertainment (FLUT) down 3% at $245 after FY24 sports results updateStay Ahead of the Market:Discover outperforming stocks ...
London midday: Stocks dip after disappointing updates from Shell, Flutter
London stocks had edged into the red by midday on Wednesday after disappointing updates from Shell and Flutter Entertainment, ...
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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 ...
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 ...
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 ...