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The Latest Breaking News from Flutter

Flutter, DraftKings Prediction Markets Could Have Different Rules: How The Sports Betting Giants Approach With Caution

Both Flutter Entertainment (NYSE:FLUT) and DraftKings Inc (NASDAQ:DKNG) are ready to take on the competition of prediction markets.

Benzinga

Paddy Power owner Flutter alerts over earnings as gamblers enjoy winning streak

The betting giant warned of a hit of around 170 million US dollars (£129.4 million) from higher-than-expected payouts since October 1.

Evening Standard

Paddy Power owner issues warning as gamblers beat the bookies

The betting giant is set to launch a new app soon

The Independent UK

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DraftKings, Flutter Stocks Downgraded On Prediction Market Risk: 'Relentless Headwinds'

Bank of America Securities analyst Shaun C. Kelley downgraded both DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) ahead of their upcoming earnings reports, citing mounting challenges in the sports betting sector.

Benzinga

Australians still betting big on Melbourne Cup, despite many saying they’re losing interest in race

But money spent betting on horse racing overall has sharply declined amid cost-of-living pressures and regulation

The Guardian - AU

Paddy Power to shut 57 shops in UK and Ireland with almost 250 jobs at risk

Parent firm Flutter blamed the closures on ‘increasing cost pressures and challenging market conditions’.

Evening Standard

Paddy Power secures NFL betting partnership in UK and Ireland

Free-to-play game headlines the deal.

Dot Esports

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1 ETF Worth Snapping Up Before September 4

The NFL season starts on September 4, and Americans are expected to spend $30 billion on legal sports betting this season.

Barchart

Flutter halts real-money gaming operations in India after surprise ban

Even one of the world's biggest iGaming operator needed to pull out.

Dot Esports

Scoring Big: How Kalshi Is Shaking Up DraftKings, FanDuel This NFL Season

With weeks to go until the 2025 National Football League season starts, sportsbooks are already feeling increased pressure and competition from the likes of Robinhood Markets Inc (NASDAQ:HOOD) and Kalshi.

Benzinga

DraftKings, Flutter Entertainment Shares Slide After Robinhood Launches Football Prediction Markets

Shares of DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) are trading lower Tuesday after Robinhood Markets Inc (NASDAQ:HOOD) announced the launch of pro and college football prediction markets.

Benzinga

Flutter Entertainment Analysts Boost Their Forecasts After Upbeat Q2 Results

Flutter Entertainment PLC (NYSE:FLUT) reported better-than-expected second-quarter financial results after market close Thursday.

Benzinga

Flutter Q2 Earnings: FanDuel Parent Beats Estimates, Raises Guidance Ahead Of 2025 NFL Season

Sports betting operator Flutter Entertainment PLC (NYSE:FLUT) reported second-quarter financial results after market close Thursday.

Benzinga

Boyd Gaming Sells FanDuel Stake, Secures Long-Term Market Access Fees

Boyd Gaming Corporation (NYSE:BYD) has agreed to divest its 5% stake in FanDuel Group to Flutter Entertainment plc (NYSE:FLUT) for $1.755 billion in cash.

Benzinga

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International Business Times UK

Paddy Power Cyberattack Update: What Was Stolen and How Could the Breach Affect You?

The incident, confirmed by parent company Flutter Entertainment on Tuesday, July 8, involved unauthorised access to internal databases on Flutter's Exchange platform.

MarketBeat

Why Flutter Entertainment May Be a Resilient Sports Betting Stock

FLUT stock is down after a miss on the top and bottom lines, but the stock is moving higher as investors consider the defensive nature of the industry

The Guardian - UK

Denise Coates gets her timing right again at Bet365

A deal involving US money or a US partnership isn’t guaranteed but the odds are favourable

MarketBeat

March Madness: Flutter Stock Is a Solid Bet on Sustained Growth

Flutter Entertaiment is the leading online sports betting and gaming operator; aggressive growth targets are causing analysts to raise their price targets

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news in one place.

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Evening Standard

Paddy Power owner Flutter eyes profit growth after record Super Bowl betting

The gambling giant, which says it is the world’s leading online sports betting firm, forecast significant growth this year.

The Independent UK

London Stock Exchange could lose biggest company yet as £40bn mining giant considers US move

Glencore could follow Ashtead and Flutter with a primary delisting from the UK markets

The Guardian - UK

Betting giants spared regulatory action after secret deals with watchdog

Controversial ‘special measures’ regime under fire after failures were not made public

The Guardian - UK

‘Unwilling’ coroners failed us, say families of gambling addicts who took their own lives

Bereaved relatives claim betting industry is not being held to account, report reveals

The Independent UK

Latest NFL season highlights financial risks for sports betting companies when so many favorites win

It’s been a tough football season for sports books

The Independent UK

London stock market hit by biggest exodus since global financial crisis

Just Eat, Flutter, Tui, and Ashtead were among those to announce plans to ditch their main UK listing

The Independent UK

London hit by biggest stock market exodus since global financial crisis

Just Eat, Flutter and Tui were among the firms to ditch their main UK listing in 2024

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