|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||194.75 - 198.29|
|52-week range||88.30 - 208.00|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
Gambling operators are supposed to remove anyone who signs up to Gamstop from their marketing databases within two days.
PPB Counterparty Services to pay £490,000 for breaching social responsibility rules
Key Insights The projected fair value for Flutter Entertainment is UK£123 based on 2 Stage Free Cash Flow to Equity...
Britain is being held back by a campaign against high pay, the head of the London Stock Exchange (LSE) has warned.
Paddy Power parent Flutter’s UK revenues soared in the final months before the rules were announced
DUBLIN (Reuters) -Flutter grew its revenue by 29% on a pro-forma basis in the first quarter, driven by a near doubling in its fast growing U.S. unit and a sharp recovery in Britain and Ireland, the world's largest online betting company said. Led by its Fanduel brand, Flutter maintained its leading 50% share of the U.S. sports betting market after revenue jumped 92% year-on-year on a constant currency basis. The Paddy Power, Betfair and Sky Bet owner also expanded its revenue by 17% and average monthly players by 11% in Britain and Ireland (UKI), which it said reflected the reshaping of its second-largest division to draw more recreational gamblers.
Lucy Frazer, the Culture Secretary, says that gambling apps on mobile phones have for some become “a trapdoor to despair and isolation”.
Britain on Thursday set out long-awaited plans to crack down on problem gambling as it aims to bring regulations up to date with a rise in betting online and on smartphones. The proposals would see new online stake limits of between 2 pounds ($2.49) and 15 pounds, increased affordability checks on customers and a new statutory levy on betting firms to fund research, education and treatment for problem gamblers. "A flutter is one thing, unchecked addiction is another; so today we are bringing our pre-smartphone regulations into the present day with a gambling White Paper (policy document) for the digital age," Lucy Frazer, Secretary of State for Culture, Media and Sport, told parliament.
Flutter Entertainment will disclose this week that it has won investors' backing to pursue a US listing, reinforcing City concerns about a prospective exodus of London-listed companies across the Atlantic. Sky News understands that Flutter, which owns Paddy Power and Betfair, will announce at its annual meeting on Thursday that a requisite majority of shareholders have voted in favour of the move. City investors said they expected Flutter to eventually abandon its London stock market presence, although this week's shareholder vote - which needs the approval of 75% or more - is to "implement an additional US listing".
Flutter Entertainment plc's ( LON:FLTR ) price-to-sales (or "P/S") ratio of 3.5x may look like a poor investment...
Key Insights Significantly high institutional ownership implies Flutter Entertainment's stock price is sensitive to...
Flutter Entertainment ( LON:FLTR ) Full Year 2022 Results Key Financial Results Revenue: UK£7.69b (up 28% from FY...
Moves to list the chip designer in US come as UK tries to sharpen appeal.
DraftKings (DKNG) stock rose more than 15% on Friday after the company reported its fourth quarter results. Wall Street has closely watched the sportsbook operator's path to profitability for years and on Friday DraftKings announced its increased focus on cost-cutting will cause the company to lose less money in 2023 than initially anticipated. All of this coming while the company continues to report record revenue amid increased gambling legalization. "Our revenue was better than our prior guidance, primarily because of structural improvement in our Sportsbook hold and fundamentally better customer trends than we expected,"DraftKings CFO Jason Park told investors on Friday. "Customers are engaging more with our products and are less relying on promotions." DraftKings positive results didn't have much impact on the sector as a whole as MGM Resorts International (MGM), Penn Entertainment (PENN), Caesars Entertainment (CZR) and Wynn Resorts (WYNN) had muted stock reactions on Friday. Yahoo Finance's Seana Smith and Dave Briggs discuss from DraftKings' fourth quarter earnings call. Key Video takeaways: 0:15 DraftKings key numbers 0:25 Hear from DraftKings CFO Jason Park 1:00 Where DraftKings sits in the growth cycle 1:20 Wall Street's reactions to DraftKings results 2:00 How DraftKings compares to competitors
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...
The London-listed company's plan for a listing in the United States comes at a time when its market-leading U.S. FanDuel business has become the group's largest in revenue terms. Flutter said the benefits of the additional listing include access to much deeper capital markets and important U.S. indices.
Yahoo Finance sports reporter Josh Schafer highlights the Super Bowl Sunday user data from sports betting platforms, while also talking about the lackluster execution of FanDuel's ad featuring Rob Gronkowski.
Yahoo Finance sports reporter Josh Schafer joins the Live show to break down how sports betting companies are positioned to benefit greatly ahead of this year's Super Bowl and rising sports bets.
Today we're going to take a look at the well-established Flutter Entertainment plc ( LON:FLTR ). The company's stock...
Yahoo Finance Live anchors discuss how sports betting companies like FanDuel are hoping to draw more users to their platforms through competitions and advertising.
Flutter Entertainment, the FTSE 100 gambling group, has begun approaching candidates to become its next chairman. Sky News understands that Flutter, whose brands include Sky Bet and Paddy Power, has hired Russell Reynolds Associates, the search firm, to identify a successor to Gary McGann.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Though the U.S. Men’s National Team qualified for the knockout stage of the World Cup on Tuesday, not everyone wins when America prevails on the soccer pitch.
The schedule shift for the World Cup, which is typically held in the summer, is presenting conflicts for sports fans at a busy time in the American sports calendar, and it may leave the world’s largest sporting event as an afterthought for sports gamblers.
Yahoo Finance reporter Josh Schafer details how lucrative the 2022 World Cup in Qatar may be for sportsbooks.