Flutter Entertainment Aktie News

A tax rise is rarely welcome news, but the betting sector may soon find itself brushing off the cobwebs from an old playbook. With reports that the chancellor has dropped plans to lift income tax rates in the late-November Budget, attention has swung back to an easier target: gambling duties.

Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) shares took a battering after the bookmaker reset its profit guidance for next year, catching investors off guard with a roughly 10% downgrade at the earnings level. But JP Morgan reckons the market has overreacted.

Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) latest quarter has prompted a tidy round of number-crunching at Citi, and the conclusion is that the near-term picture has lost a little of its shine. The broker has cut earnings and revenue forecasts after the group's third-quarter results fell short, and after management warned that unhelpful sports outcomes in the fourth quarter would dent bo...

FanDuel became the latest company to venture into prediction markets after the likes of DraftKings and Robinhood.

Sports betting stock Flutter Entertainment PLC (NYSE:FLUT) is falling sharply today, last seen down 8.8% at $213.87, after mixed third-quarter results.

Flutter Entertainment plc is entering the prediction market with FanDuel Predicts, competing with Kalshi and Polymarket and increasing the brand's market access. Flutter's iGaming performance remained very strong in Q3, led by market share gains in the U.S. and strong growth internationally. FanDuel's sports betting market share saw pressure from tightening competition, and adverse NFL results ...

Stocks were down early Thursday morning after the Dow reached a record high during yesterday's session.

There was a potentially industry-rocking development buried in the quarterly results from Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT). The owner of European brands such as Paddy Power and BetFair, as well as FanDuel in the US, is moving into one of the buzziest corners of the US fintech-meets-gambling world: prediction markets.