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Flutter Entertainment PLC

DraftKings reverses plans for a user tax as FanDuel wows Wall Street

by Anas Siddiqui
DraftKings reverses plans for a user tax as FanDuel wows Wall Street

Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company’s FanDuel betting platform captures market share and grows revenue dramatically, even …

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Goldman names global ‘alpha’ stock ideas, giving one nearly 60% upside

by Walter Watson
Goldman names global ‘alpha’ stock ideas, giving one nearly 60% upside

European markets have largely had a good run this year — with several market watchers looking keenly at the region and saying that it could have a ” greater tailwind …

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Citi added these stocks to its ‘highest conviction ideas’ list

by Walter Watson
Citi added these stocks to its ‘highest conviction ideas’ list

U.S. bank Citi refreshed its list of “highest conviction ideas” for Europe and recommended a specific trading strategy that investors can adopt right now. The ideas — or stocks — …

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Barstool’s Dave Portnoy won $2.7 million on UConn NCAA bet

by Anas Siddiqui
Barstool’s Dave Portnoy won .7 million on UConn NCAA bet

Barstool Sports founder Dave Portnoy is cashing in $2.76 million on UConn’s big win over Purdue on Monday night in the NCAA men’s championship game. Portnoy tweeted the massive score …

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Iowa-LSU game was biggest betting event for women’s sports

by Anas Siddiqui
Iowa-LSU game was biggest betting event for women’s sports

Caitlin Clark, #22 of the Iowa Hawkeyes, celebrates after beating the Lousiana State University Tigers 94-87 in the Elite Eight round of the NCAA Women’s Basketball Tournament at MVP Arena …

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Largest U.S. sportsbooks join forces to tackle problem gambling

by Anas Siddiqui
Largest U.S. sportsbooks join forces to tackle problem gambling

Seven of the nation’s largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem …

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Fanatics fires back at DraftKings’ claims of corporate espionage

by Anas Siddiqui
Fanatics fires back at DraftKings’ claims of corporate espionage

Fanatics founder and CEO Michael Rubin at his office in New York. The Washington Post | Getty Images Sports merchandise giant Fanatics is firing back against sportsbook giant DraftKings in …

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DraftKings posts 44% revenue growth, but falls short of estimates

by Anas Siddiqui
DraftKings posts 44% revenue growth, but falls short of estimates

In this photo illustration the DraftKings logo seen displayed on a smartphone. Rafael Henrique | Sopa Images | Lightrocket | Getty Images DraftKings on Thursday posted quarterly results that missed …

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ESPN Bet plans launch in New York, the largest U.S. betting market

by Anas Siddiqui
ESPN Bet plans launch in New York, the largest U.S. betting market

ESPN Bet is coming to the Big Apple. Penn Entertainment, which operates the sports betting platform, will pay Wynn Resorts $25 million for market access, it said Tuesday. It’s the …

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FanDuel-parent Flutter lists on the NYSE, challenging DraftKings

by Anas Siddiqui
FanDuel-parent Flutter lists on the NYSE, challenging DraftKings

FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the …

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