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FanDuel owner Flutter loses big to NFL fans
FanDuel owner Flutter takes $370 million hit from NFL bettors. Blame these winning teams.
Flutter said this football season has seen the most “customer-friendly” NFL outcomes since the launch of online sports betting.
FanDuel’s Owner Flutter Warns Of Profit Drop After Gamblers Hit Winning Streak
International sports betting operator Flutter has warned of a hit to revenues and profits after U.S. gamblers enjoyed a string of winning bets on the NFL.
FanDuel Owner Flutter Cuts Guidance. Blame Sports Bettors Winning Big on the NFL.
Some of the National Football League’s strongest teams are having dominant seasons—and that’s helping sports bettors beat the house. FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday,
Flutter Entertainment Stock Falls As FanDuel Parent Cuts Guidance
Flutter Entertainment shares are trading lower in Tuesday's after-hours session after the company cut near-term guidance due to a period of "very unfavorable" sports results.
Gamblers win big on NFL season, Flutter profits are affected
Flutter has seen a hit to its profit after the NFL season becomes most customer friendly since the launch of online sports betting.
Flutter Faces Challenges as NFL Winning Streak Impacts Earnings
Flutter, the largest online betting company, expects a significant drop in 2024 earnings for its U.S. FanDuel brand due to unforeseen winning streaks by American football gamblers. Despite this, the company sees improved performance elsewhere,
Flutter profits hit as US gamblers win big on NFL games
Paddy Power and FanDuel owner says results were most ‘customer friendly’ since launch of online sports betting
Flutter cuts US guidance as NFL gamblers ride winning streak
Flutter , the world's largest online betting company, said on Tuesday it expects 2024 earnings at its fast-growing U.S. FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak.
FanDuel Owner Flutter Cuts Guidance as NFL Favorites Keep Winning
FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday, blaming gamblers who won big by backing favorites. The current NFL season “has been the most customer-friendly since the launch of online sports betting,
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on MSN
FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many NFL Favorites Won
Key Takeaways FanDuel parent Flutter Entertainment warned that its U.S. results will be lower than anticipated because too ...
igamingbusiness
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Flutter issues US profit warning amid “very unfavourable” sports results
Flutter is likely to fall around $370 million short of US revenue expectations following “very unfavourable” sports results ...
Covers
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FanDuel Owner Flutter Entertainment Takes $370 Million Hit as Result of Bettor-Friendly NFL Season
In Q3, US business represented approximately 38% of sales for Flutter Entertainment. Along with FanDuel, the company owns gaming brands Paddy Power, Betfair, TVG, and Sky Betting & Gaming.
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Paddy Power owner Flutter warns of hit to profits after customers win big on US sports events
The group revealed late on Tuesday night that the NFL American football season so far as been the 'most customer friendly' ...
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Bet On It: FanDuel Sports Network parent rebrands after emerging from bankruptcy
Welcome to the latest edition of “Bet On It,” where The Fly looks at news and activity in the sports betting and iGaming space. Don't Miss Our ...
Inside Bitcoins
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DraftKings’ Stock Challenges Amid Insider Selling and Competitive Pressures
To rebuild investor confidence, DraftKings will need to address several key areas. Encouraging insider stock purchases could ...
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