|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||176.19 - 178.50|
|52-week range||115.15 - 241.52|
|Beta (5Y monthly)||0.75|
|PE ratio (TTM)||456.62|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
Casino gambling floors and sporting events may have been forced closed during the pandemic, but that doesn't mean people weren't still betting. Flutter Entertainment (OTC: PDYPF) is not only the biggest sportsbook in the U.S. through its FanDuel platform, but with Paddy Power, BetFair, and The Stars Group, owner of the world's leading poker platform PokerStars, it is also the biggest sportsbook globally. Although headquartered in Dublin, Ireland, Flutter's biggest growth proposition is arguably the United States.
England's run to the final of the Euro 2020 soccer tournament bolstered business for bookmakers and food delivery firms but pubs lamented a missed opportunity because of coronavirus curbs. Bookmakers reported record-breaking bets being placed during the month-long tournament, while online food delivery firm Just Eat Takeaway.com saw orders peak at 2.5 per minute on match days in Britain. "England's performance has definitely played a role in spending patterns... We have never seen so much support for an England team before," a Flutter spokesperson said.
One of the world’s biggest gambling groups has ruled out a lucrative float of its market-leading US sports betting brand until 2022. Bosses at Flutter Entertainment, the London-listed bookmaker behind Sky Bet, Paddy Power and Betfair, are understood to be waiting until next year before listing a minority stake in FanDuel. The FTSE 100 firm said earlier this year that it was exploring a US public offering for the brand, which has surged ahead of rivals as a decades-long ban on wagering on sports