FanDuel owner Flutter loses big to NFL fans

Flutter Entertainment Plc warned that its U.S. results will be lower than anticipated because too many NFL favorites won this ...
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies ...
Flutter is likely to fall around $370 million short of US revenue expectations following “very unfavourable” sports results ...
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.
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says ...
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 ...
To rebuild investor confidence, DraftKings will need to address several key areas. Encouraging insider stock purchases could ...