Sports Betting News Sports Betting Giant Flutter Forecasts Strong U S Growth To Drive Earnings

The Pressure Points of Digital Gambling’s Giant Flutter

Flutter Entertainment, which controls roughly a quarter of the American sports betting market through FanDuel, reported its third-quarter results recently with an unexpected twist: while revenue grew ... Read More

DraftKings, Flutter Pull Out Of Nevada Sports Betting Over Prediction Markets Ambitions

DraftKings and Flutter have withdrawn their applications and licenses, respectively, to offer online sports betting in Nevada. ・Nevada is one of the five U.S. states that have told gambling operators ... Read More

Flutter, DraftKings Prediction Markets Could Have Different Rules: How The Sports Betting Giants Approach With Caution

Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector. Read More

FanDuel owner cuts profit forecast, to launch event contracts next month

Flutter, the world's largest online betting company, sharply cut its full-year profit growth forecast on Wednesday, primarily due to another long winning streak by gamblers that increased its payouts. Read More

Sports Betting Stock Benched on Disappointing Guidance

Sports betting stock Flutter Entertainment (FLUT) is lower after a third-quarter revenue miss and cut its guidance ... Read More

What’s the Deal With All Those FanDuel Ads?

Peter Jackson, the chief executive of Flutter Entertainment, FanDuel’s parent company, is fighting for attention as online gambling spreads across the United States. By Jordyn Holman Reporting from ... Read More

DraftKings Vs. Kalshi Vs. Polymarket: Q3 Results, Guidance To Show Who's Leading NFL Betting Market

DraftKings ended the second-quarter with online sports betting operations in 25 states plus Washington, D.C. The company operates in markets that have legalized sports betting. Kalshi, however, is in ... Read More