Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
An adverse sports results impact year-over-year of 90bps (Q3 2025: 10bps unfavorable, Q3 2024: 80bps favorable). At a revenue level, this translated to an adverse in-quarter impact in Q3 2025 of $45m ...
Flutter, the world’s largest online betting company, sharply cut its full-year profit growth forecast on Wednesday, primarily ...
Flutter chief warns significant tax increases will threaten jobs and drive customers to black market
Significant increases in gambling taxes in Britain would threaten jobs and drive customers to the black market, the chief ...
Flutter Entertainment cut its full-year profit outlook on Wednesday after a prolonged run of customer-friendly sports results hit margins. Meanwhile, its U.S. unit FanDuel and rival DraftKings both ...
NEW YORK (AP) — NEW YORK (AP) — Flutter Entertainment PLC (FLUT) on Wednesday reported a loss of $690 million in its third quarter. The New York-based company said it had a loss of $3.91 per share.
Because the contracts are structured as peer-to-peer trades, prediction market providers are regulated derivatives platforms ...
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