FLUT's strong revenue growth, driven by FanDuel and expanding markets, positions it for continued top-line expansion, potentially reaching $20 billion by FY 2028. Operational improvements and margin expansion are expected to boost profitability, with operating margins projected to grow significantly, enhancing shareholder returns. Despite FLUT's breakeven status over the last twelve months, the company's future growth potential makes it an attractive investment.
Diamond Sports and FanDuel have reached a naming rights agreement for Diamond Sports' regional sports networks. The agreement will start with the 2024 NHL and NBA seasons and will be long-term, pending Diamond's emergence from bankruptcy, according to a bankruptcy court filing.
Amy Howe, FanDuel CEO, joins CNBC's 'Power Lunch' to discuss FanDuel's continued expansion, how it is adapting to the changing media landscape, and more.
FLUT is experiencing strong momentum, driven by its leadership through FanDuel, which commands nearly 40% of the U.S. sports betting and iGaming market.
The US sports betting industry has exploded in recent years, with platforms like FanDuel leading the charge. As the NFL season kicks off, Peter Jackson, CEO of Flutter (FLUT) (FanDuel's parent company), joins Yahoo Finance reporter Josh Schafer to discuss the business and its remarkable growth.
iGaming and fantasy sports giant Flutter Entertainment held its Investor Day today. It outlined robust above-industry growth and margin expansion through 2027.
Flutter CEO Peter Jackson joins 'Squawk on the Street' to discuss the company's raised guidance, how it is using AI, trends in sports gambling, and much more.
FanDuel boosted its outlook for the size of the total addressable market in North America.
Flutter , , the world's largest online betting company, said on Wednesday it expects to more than double its core profit by 2027 and that it had authorised a share buyback of up to $5 billion to be deployed over that period.
Strong market share and growing opportunities in online sports betting could push Flutter Entertainment FLUT shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target
SYBT, SOFI and FLUT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 20, 2024.
Flutter, the parent of FanDuel, is acquiring Italian gaming company Snaitech. It also announced a major deal in Brazil last week, as Flutter looks to a range of international markets for growth.