Flutter Entertainment plc (FLUT)
Flutter Entertainment to Delist From London, Trade Solely in New York
The FanDuel owner said trading volumes and regulatory costs meant delisting from the U.K. exchange was in the best interests of the company and shareholders.
Flutter to quit LSE and trade solely in New York
Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) is to delist from the London Stock Exchange and maintain a sole listing in New York, ending its presence on the UK market little more than two years after moving its primary listing across the Atlantic. The gambling group, which owns FanDuel, Paddy Power and Betfair, said its final day of trading on the London market will be 31 July.
Is The Market Mispricing Flutter Entertainment On FanDuel Concerns?
Flutter Entertainment faces headwinds from prediction markets and declining US sports betting revenues, yet I see opportunity amid the negative sentiment. The 2026 World Cup is a rare, massive customer acquisition event, with 62% of US soccer fans expected to bet and 29% likely to place first-time bets. FanDuel's dominant US sportsbook position gives FLUT scale advantages to capture new users during high-profile sporting events.
Flutter Entertainment: Attractive Entry Point
Flutter's Q1 revenue increased 17% year-over-year to $4.3 billion, supported by strong iGaming growth (+28%) and acquisitions. International EBITDA reached $587 million, helping offset weaker U.S. performance and providing diversification benefits. Management expects margin improvement through product integration, loyalty initiatives, cost efficiencies, and a unified FanDuel platform. The 2026 FIFA World Cup, NFL season, and broader iGaming expansion could act as meaningful catalysts for growth and sentiment recovery.
Flutter Entertainment plc (FLUT) Discusses FanDuel Performance Challenges and Strategic Organizational Changes Transcript
Flutter Entertainment plc (FLUT) Discusses FanDuel Performance Challenges and Strategic Organizational Changes Transcript
Flutter Entertainment Q1 Earnings Call Highlights
Flutter Entertainment NYSE: FLUT reported 17% revenue growth in the first quarter of 2026 and said it is seeing early signs of improvement in its U.S. sportsbook business, while announcing changes to the leadership structure at FanDuel.
Flutter shares now pricing zero US growth, flags Jefferies
Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) first-quarter update has done little to shift the central debate around the stock: whether the US growth story is stalling, or simply paused. On the face of it, the numbers were solid, with revenue and earnings slightly ahead of expectations.
Flutter shares slide 4% as profit drop and US struggles overshadow revenue beat
Shares in Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), the world's largest online sports betting and gaming operator, fell 4% to 7,404p after the company reported a sharp drop in profits and trimmed its full-year guidance, overshadowing a stronger-than-expected revenue performance. Net income fell 38% to $209 million in the first quarter, with earnings per share down 22% to $1.23, as costs from recent acquisitions and investment in its US prediction markets business weighed on the bottom line.
Flutter Entertainment plc (FLUT) Q1 2026 Earnings Call Transcript
Flutter Entertainment plc (FLUT) Q1 2026 Earnings Call Transcript
Flutter Entertainment (FLUT) Surpasses Q1 Earnings and Revenue Estimates
Flutter Entertainment (FLUT) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.59 per share a year ago.
Flutter (FLUT) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Flutter (FLUT) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
FanDuel CEO Amy Howe is out after five years at the sportsbook
Amy Howe is out as FanDuel CEO, people familiar with the matter told CNBC. Christian Genetski, FanDuel president, will step in.
