NYSE:FLUTHospitality
Why Flutter Entertainment (FLUT) Is Up 5.9% After Q3 Beat And FanDuel Predict Launch
Flutter Entertainment’s recent third‑quarter earnings report beat expectations, supported by strong U.S. iGaming growth, the rollout of FanDuel Predict, and contributions from recent acquisitions, reinforcing its position across key regulated markets.
While the U.K.’s larger‑than‑anticipated online gaming tax increase adds cost pressure, the removal of regulatory uncertainty and continued cost‑saving initiatives have refocused attention on Flutter’s ability to grow and improve margins across...