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The Latest Breaking News from Flutter

Paddy Power saw a 25% year-over-year increase in NFL wagering in the U.K.

Roughly five years ago, the NFL barely cracked the top 10 betting interest in the U.K. and Ireland.

SportsCasting

Widow of gambling addict lambasts watchdog’s failure to investigate suicides

Exclusive: Annie Ashton, whose husband killed himself, says more people will die because of Gambling Commission inaction

The Guardian - UK

Flutter Entertainment Can Be a Blue-Chip Sports Betting Stock

Flutter Entertainment is trading at an all-time high; it's not a blue-chip stock yet, but has several characteristics that long-term investors look for

MarketBeat

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FanDuel Parent Breaks Out On Q3 Win; Analysts Expect 400% Growth

Flutter stock broke out above a buy point after the FanDuel parent firm crushed Q3 views. Analysts raise price targets, expect greater growth.

Investors Business Daily

During Q3, FanDuel saw its revenue rise 27% year-over-year

In a Tuesday earnings release, FanDuel announced its Q3 revenue rose 27% year-over-year.

SportsCasting

FanDuel Parent Breaks Out On Earnings, Raised Guidance

FanDuel, PaddyPower parent Flutter popped early Wedneesday after hitting the over on Q3 earnings, lifting its revenue guidance.

Investors Business Daily

‘Customer-friendly’ sports results cost betting giant nearly £40m

The Fifa World Cup helped bring record numbers of customers to betting sites

The Independent UK

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Dow Jones Up As Warren Buffett Raises This Stake; Cathie Wood Unloads Stock On 106% Run (Live Coverage)

The Dow Jones rose on the stock market today as Nvidia rallied. Warren Buffett snapped up a stock while Cathie Wood sold shares in a winner.

Investors Business Daily

Shares in UK gambling firms fall £2bn amid talk of higher taxes in budget

Thinktank reports saying sector should be hit with extra £900m to £3bn in levies prompt market selloff

The Guardian - UK

FanDuel Parent Breaks Out On Growth Plan, $5 Billion Buyback

FanDuel parent Flutter Entertainment announced its long-term growth plan, a $5 billion stock buyback Wednesday. Betting stocks jump.

Investors Business Daily

Sky Betting & Gaming reprimanded for unlawfully sharing users’ personal data

ICO says online gambling company passed customers’ information to advertising technology companies

The Guardian - UK

FanDuel Parent, Stock Of The Day, Flashes Buy Point As NFL Kicks Off Season

FanDuel Parent Flutter Entertainment is IBD Stock Of The Day, flashing a buy signal as investors cheer the start of the NFL season.

Investors Business Daily

FanDuel Parent Spikes On Earnings; DraftKings Scraps Surcharge Plans

FanDuel owner Flutter Entertainment rallied after earnings results. DraftKings jumped after nixing plans to tax gambling winnings.

Investors Business Daily

Racing’s new leaders will need to attack poisonous gaming betting

The British Horseracing Authority is currently trying to find both a new chair and new chief executive

The Guardian - UK

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The Guardian - UK

Bookies and tracks’ media rights skirmish just the start of a racing war

Refusing bets on racing at Bath was the first spat in a financial struggle between the sport’s major power blocs

The Guardian - UK

Flutter shareholders vote to move listing from London to New York

Paddy Power owner will make switch to its ‘natural home’ by May in further blow to London Stock Exchange

Top News

Flutter Shareholders Approve US Primary Listing Shift

Flutter Entertainment shareholders vote in favor of pursuing a primary listing on a US stock exchange to enhance growth and attract investors.

Investors Business Daily

Stock Market Rally Shows Breadth As Leaders Take A Breath: Weekly Review

The Dow Jones and S&P 500 rose modestly on the stock market for the week, right around all-time high levels.

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Investors Business Daily

DraftKings, Flutter Tumble As Scandals Spur NCAA Sports Betting Crackdown

The NCAA wants to ban prop bets in college sports in the wake of the Ohtani scandal and more. DraftKings and Flutter tumbled.

Evening Standard

London-listed betting giants 888 and Flutter rethink plans for world domination

William Hill owner 888 announced cutbacks in ‘non-core’ regions, while Flutter took a huge hit from writing down the value of its operations in smaller markets

Evening Standard

Betting firm 888 to pay $50 million to quit failing American venture

Firms like Flutter and Entain have had great success in America but 888 failed to gain any ground in the country

International Business Times

Flutter Eyes US Listing Switch In New Post-Brexit Blow

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

The Guardian - UK

UK shareholders should vote against Flutter’s flight to the US

The dwindling band of UK loyalists should send a message that exiting to the US is not as easy as flicking a switch

Investors Business Daily

DraftKings Stock Breaks Out As NFL Playoffs Set The Stage For Super Bowl 58; Rival Debuts On NYSE

DraftKings stock broke out Monday as sports betting enthusiasts prepare for Super Bowl LVIII. FanDuel parent Flutter debuts on NYSE.

Evening Standard

Paddy Power owner Flutter deals fresh blow to London Stock Exchange

The Paddy Power owner is set to switch its primary listing to the US by July

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