Nevada regulators pull DraftKings and Flutter licenses amid escalating legal battles over the legality of prediction markets.
Despite the revenue decline, FanDuel still maintained a 38% share of the US sportsbook market by gross gaming revenue and remains the top company in the US by market share, according to Flutter. In ...
Flutter Entertainment plc (NYSE:FLUT) is one of the Worst Performing Stocks to Invest in on the Dip. On November 13, Truist ...
Shares of Flutter Entertainment (FLUT) and DraftKings (DKNG) are both adding to Monday’s losses after BofA Securities downgraded both betting platforms as state gaming tax risks in the U.S. and ...
Flutter and DraftKings are launching prediction markets, but doing so cautiously as states target the growing sector.
For DraftKings, BofA said its U.S. iGaming share has slipped to 23% from 27% in two years, while tax and promotional costs continue to weigh on margins. It cut its 2026 EBITDA estimate to $1 billion ...
What do we make of these numbers from Flutter Entertainment, the parent company of FanDuel? After the close, this online ...
DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...