Why FanDuel owner Flutter took a $370 million hit on NFL games
13 hours ago · Flutter Entertainment FLUT, the owner of the FanDuel sportsbook, had to revise its 2024 U.S. revenue estimate to be about $370 million lower after football fans won too much money betting on ...
FanDuel owner Flutter takes $370 million hit from NFL
13 hours ago · Flutter Entertainment (FLUT), the owner of the FanDuel sportsbook, had to revise its 2024 U.S. revenue estimate to be about $370 million lower after football fans won too much money betting on ...
FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many …
1 day ago · 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 news didn ...
FanDuel Owner Flutter Entertainment Takes $370 Million Hit as …
1 day ago · Leading online sports betting and iGaming operator Flutter Entertainment has taken a real hit as a result of a recent set of “customer-friendly” NFL scores. FanDuel’s owner revealed that a ...
FanDuel’s Owner Flutter Warns Of Profit Drop After Gamblers
1 day ago · Flutter has been the leading player in the U.S. since acquiring a majority stake in FanDuel for $158 million, a week after a federal ban on sports betting was lifted in May 2018.
FanDuel Owner Flutter Cuts Guidance as NFL Favorites Keep …
1 day ago · FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday, blaming gamblers who won big by backing favorites. ... The increase was accompanied by news of a massive ...
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
2 days ago · FanDuel parent company Flutter Entertainment announces that strong U.S. customer momentum has been offset by unfavorable betting outcomes. The company now expects 2024 revenue of approximately $5. ...
Live news: FanDuel owner Flutter loses big to NFL fans
News updates from January 8: UK 10-year gilt yields hit highest level since 2008; Mexican president calls for parts of US to be renamed. Subscribe to unlock this article. Try unlimited access
FanDuel Takes $370 Million Hit on Bettor-Friendly NFL Results
2 days ago · FanDuel, a unit of Flutter, on Tuesday became the latest operator to shed light on the financial ramifications. The company said in a statement that 2024 U.S. revenue was now estimated to be about ...
Flutter cuts US guidance as NFL gamblers ride winning streak
2 days ago · DUBLIN, Jan 7 (Reuters) - Flutter (FLTRF.L), opens new tab, the world's largest online betting company, said on Tuesday it expects 2024 earnings at its fast-growing U.S. FanDuel brand to be ...
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