Flutter Entertainment PLC

Flutter Entertainment Plc is engaged in the business of online betting and gaming. It operates through the following segments: PPB Online, Australia, PPB Retail, U.S, and Corporate. The PPB Online segment comprises of Paddy Power, Betfair, and Adjarabet brands. The Australia segment focuses on sports betting services provided to Australian customers using internet with a small proportion using the public telephony system. The PPB Retail segment covers sports betting and gaming machine services delivered through licensed bookmaking shop estates in the United Kingdom and Ireland. The U.S. segment consists of sports betting, daily fantasy sports, and gaming services. The company was founded in 1988 and is headquartered in Dublin, Ireland.

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Flutter Entertainment Plc engages in the business of online betting and gaming. It operates through the following segments: UK and Ireland, Australia, International, and US. The UK and Ireland segment includes the operations of Sky Betting and Gaming, Paddy Power, Betfair, and tombola. The Australia segment focuses on sports betting services provided to Australian customers online. The International segment relates to poker, casino, rummy, lottery, and sports betting. The US segment includes sports betting, daily fantasy sports, and gaming services. The company was founded in 1988 and is headquartered in New York, NY.

Company formerly known as Paddy Power Betfair will keep premium listing in London for now

Betting firm Flutter to list on New York stock exchange in January

Flutter Entertainment PLC (LSE:FLTR), the owner of Paddy Power and Betfair, said its shares will make their debut on the New York Stock Exchange on January 29 as part of its long-awaited US listing. The move underlines the growing importance of its American asset base, specifically its sports book operation FanDuel.

Flutter confirms New York Stock Exchange debut date

Entain PLC

Flutter Entertainment PLC (LSE:FLTR) and Entain PLC (LSE:ENT) have had underlying profit forecasts reduced by analysts due to an uptick in competition in US markets and several other headwinds. With more players flooding the US betting market, Entain, which owns half of BetMGM, and Flutter, which owns market leader FanDuel, are seeing the valuations of their Stateside business diminish.

Flutter and Entain see guidance scaled back as US competition hots up

NEW YORK--(BUSINESS WIRE)--FanDuel Founders Launch the First-Ever Fantasy Record Label Game.

FanDuel Founders Launch the First-Ever Fantasy Record Label Game

PDYPY (Flutter) reported a 12% negative revenue impact in Q3 due to unlucky play in the US and poor results from Australian horse racing. The company's upcoming listing on the NYSE is expected to bring advantages in terms of visibility and attract retail investors. The battle between PDYPY and DKNG for market share dominance in the sports betting sector continues, with PDYPY already owning the biggest share in the US.

Flutter: A Buy On The Dip Opportunity For This Sports Betting Global Giant

Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings.

Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds

DraftKings

Dublin-based Flutter has applied for its shares to list on the NYSE in its first quarter of fiscal 2024.

FanDuel Parent Flutter Applies to Trade on the NYSE. Look Out DraftKings.

A disappointing earnings report sent shares of FanDuel parent Flutter falling, as it defends its first place position in the U.S. sports betting market.

Flutter shares fall after disappointing earnings — but it insists FanDuel is No. 1 in sports betting

The parent company of FanDuel plans to list in the U.S. early next year, as Flutter Entertainment shares slumped on a profit warning.

FanDuel parent planning NYSE listing early next year

Shares in Flutter Entertainment PLC (LSE:FLTR) tumbled almost 10% to 12,390p, their lowest since February, after warnings that profits for the year are likely to be at the bottom of the expected range due to "very customer friendly sports results" in the UK and US. The group also said it expects to list on the New York Stock Exchange in the first quarter of 2024, having submitted its aplliction for the additional listing with the US SEC.

Flutter Entertainment booted lower after warning of low-end profits

AstraZeneca

A quarterly update from AstraZeneca PLC (LSE:AZN) approaches with its shares having slipped 15% from the all-time highs reached in the spring, when it jostled back past Shell to regain top spot of the FTSE 100

AstraZeneca, Wizz Air, Flutter: Thursday's highlights

UK-based betting operator Flutter Entertainment was up 2.5%, following strong results overnight in the US from rival DraftKings. Shares in the sports and betting company soared after hours in the US after it reported much higher third-quarter revenues than expected and raised its full-year guidance.

Flutter boosted by peformance of US rival DraftKings

Persimmon PLC

The FTSE 100 index had a strong performance this week as investors reacted to important UK earnings and the Federal Reserve and Bank of England (BoE) decisions. Some of the top earnings came from oil giants like BP and Shell.

FTSE 100 analysis ahead of Beazley, Flutter, Persimmon, AstraZeneca earnings

When Flutter Entertainment PLC (LSE:FLTR), the betting company, reports a third-quarter update on Thursday, November 9 it will likely be hoping to echo much of the good from rival Entain's results while avoiding all of the negatives. Entain PLC (LSE:ENT), the owner of Ladbrokes and Coral, saw its shares slip by around 4.5% on Thursday after continued “customer friendly” results continued to eat away at sports margins and therefore underlying earnings.

Can Flutter echo Entain's wins while avoiding the same setbacks?

Flutter Entertainment plc stock is currently priced at $75.37, with a 52-week range of $60.32 to $105. The company has a market cap of $26.62 billion and an EPS of $2.74. Analysts have a consensus price target of $115.94, and the overall view is to buy with a target of $107.75 by the end of 1Q24.

Flutter: FanDuel Should Hold Dominant Market Share Against Deep-Pocketed Entries

FanDuel Group parent Flutter Entertainment plc's shareholder survey showed that 75% approve of the plan for a separate IPO for FanDuel. Confirmation should come at the annual meeting late next month. By many measures, this is highly bullish news for the sector. A FanDuel pure play brings the #1 platform---a pure play--in the sector.

News for Flutter Entertainment PLC Stock (PDYPF)