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 ...
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 ...
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Jim Cramer Says Flutter Entertainment “Reported What I Call a Mixed Quarter With Soft Revenue”
Flutter Entertainment plc (NYSE:FLUT) is one of the stocks Jim Cramer mentioned in his latest comments. Cramer highlighted ...
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 ...
DraftKings and Flutter shares slide after BofA downgrades, citing prediction-market pressures, weak sports results, and ...
Flutter chief warns significant tax increases will threaten jobs and drive customers to black market
Significant increases in gambling taxes in Britain would threaten jobs and drive customers to the black market, the chief ...
(Alliance News) - Flutter Entertainment PLC on Wednesday lowered guidance after a series of customer friendly sporting results hit earnings. The New York-based bookmaker which owns FanDuel, Betfair ...
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