Entertainment Today News Fanduel Parent Flutter Entertainment Cuts Outlook As Too Many Nfl Favorites Won
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Options Corner: FanDuel Parent Flutter Entertainment's Implosion Offers Speculators An Enticing Wager
Flutter Entertainment Inc. (NYSE: FLUT) initially saw its market value climb following the disclosure of its latest financial performance. Unfortunately, as analysts and investors fully digested the ... Read More
Sports bettors keep winning. Here’s how much that could hit profits at DraftKings and FanDuel.
Sports bettors have been beating the house more than usual lately, and that’s bad news for DraftKings and FanDuel. DraftKings DKNG reports earnings on Thursday, while FanDuel parent Flutter ... Read More
Flutter Entertainment Shares Slip on Guidance Cut
The lower full-year outlook reflects a step-up in investment in sports and prediction markets, a tax cost relating to the Illinois wager fee, and changes to regulations in India. Read More
Flutter slides to its lowest level of the year after a run of 'bad luck' for FanDuel
Flutter Entertainment (FLUT) sharply cut its full-year profit growth forecast this week after once again reporting that customer-friendly outcomes worked against it. Customer-friendly sports results ... Read More
Take 18aFanDuel Parent Flutter Entertainment Reports Mixed Q3: EPS Beat, Revenues Miss
Flutter beat earnings expectations but missed slightly on revenue as sportsbook performance weakened due to unfavorable sports results and heavy promotions. FanDuel player growth improved, though the ... Read More
Sports bettors keep winning. Here's how much that could hit profits at DraftKings and FanDuel.
Through week 9 of the current NFL season, favorites are covering the spread at a high rate (56.1%) compared to just 43.9% for underdogs. Sports-betting sites DraftKings and FanDuel are facing ... Read More
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