Flutter Entertainment’s stock up 8% after FanDuel parent outlines growth plans and unveils $5 billion share buyback
Flutter Entertainment Plc’s stock jumped 8% in premarket trades on Wednesday after the parent of sports betting platform FanDuel said it expects revenue growth of about 14% a year over the next three years and boosted its outlook for its total addressable market.
Flutter Unveils Buyback Shares Plan, Increased Revenue Estimates for 2027
Leading sports betting operator projects North American sector’s total addressable market will reach $70 billion in 2027.
Flutter forecasts profits to double by 2027, unveils $5 billion share buyback
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.
Flutter predicts profit will more than double by 2027 as US market booms
FanDuel and Paddy Power owner expects about four-fifths of Americans will eventually indulge in sports betting
Flutter Entertainment unveils $5 billion share buyback, shares surge
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.
Share Buyback, Improved Outlook Means Big Bets on Flutter (NYSE:FLUT)
It would be easy to think that the sputtering economy right now, along with soaring inflation rates on everything from gas to groceries, would
Covers3h
IGT Extends Exclusive FanDuel Retail Sportsbook Partnership Until 2028
New multi-year agreement allows IGT PlaySports to provide its betting solution to each of FanDuel’s North American ...
FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil
Flutter is making acquisitions in Italy and Brazil as the British parent company of FanDuel looks to international markets ...
US gambling market will balloon to more than $60 billion by 2030, FanDuel owner Flutter says
Flutter stock soared to an all-time high Wednesday as the company said it expects the US gambling market to grow by nearly 60 ...
FanDuel Parent Flutter Expands Footprint With Acquisition of Italy's Snaitech
FanDuel owner Flutter Entertainment said Tuesday it will acquire Snaitech, one of the largest gambling platforms in Italy.
Legal Sports Report3d
FanDuel Targets Higher Margins, $63B Market At Investor Day
FanDuel is aiming for a 16% US sports betting hold margin by 2030, a market its parent company projects will hit $63 billion ...
Flutter CEO talks US sports betting dominance with FanDuel
The US sports betting industry has exploded in recent years, with platforms like FanDuel leading the charge. As the NFL ...
sbcnews.co.uk2d
Flutter to double earnings by 2027 as leadership opens $5bn buyback programme
Flutter Entertainment has declared its medium-term goal to double its corporate earnings to more than $5bn by 2027.
Axios2d
Flutter touts U.S. gambling boom, global M&A at investor day
Flutter's international growth is driven entirely by M&A, since sports betting and online gaming are fragmented markets ...
FanDuel’s Flutter Issues 2027 Forecast, Boosts US Market Outlook
Flutter Entertainment Plc, parent of the FanDuel gambling company, predicted the US sports and online casino market will ...