Flutter Entertainment plc (FLUT) recently experienced a sharp increase in its stock price. Over the past month, the company's shares have gained 9.7%, outpacing the industry's gain of 7.3%. FLUT has also outshined the S&P 500 and the Zacks Consumer Discretionary sector's increase of 3.6% and 5.7%, respectively. With its strong momentum, FLUT has firmly established itself as a standout performer, showcasing its resilience and growth potential against market benchmarks. As of Wednesday, the stock closed at $2 ...

Donation comes after this year's launch of mobile sports betting in the state and marks the fourth $1 million FanDuel donation to UNCF NEW YORK, Oct. 1, 2024 /PRNewswire/ -- FanDuel, the premier online gaming company in North America, today announced a fourth $1 million donation supporting the UNCF (United Negro College Fund) whose mission is to build a robust and nationally recognized pipeline of under-represented students who, because of UNCF support, become highly qualified college graduates. The donatio ...

The online gaming giant announced a big share repurchase program and gave long-term growth guidance to 2027. Online gambling giant Flutter Entertainment (FLUT 5.57%) rallied 6.5% on Wednesday as of 1:24 p.m. ET. You may know Flutter as the parent company of FanDuel, which is a popular U.S. fantasy sports site. However, the company also has physical sportsbook properties across the U.S., Ireland and the U.K., Australia, and other geographies, as well as platforms for online betting and casino games, known as ...

Strong market share and growing opportunities in online sports betting could push Flutter Entertainment FLUT shares higher, according to Needham analyst Bernie McTernan, who initiated coverage with a Buy rating and a $270 price target The Analyst Takeaways: With Flutter's dominant global scale, McTernan said it's time for investors to "add it to the bet slip" with the initiation of coverage on the stock during the 2024 NFL season. "We see FLUT's leadership position in the US as an increasingly important ear ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 20th: Stock Yards Bancorp (SYBT) This bank holding company which provides banking, trust, investment management, private banking, and brokerage services, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.0% over the last 60 days. Stock Yards Bancorp's shares gained 36.7% over the last three month compared with the S&P 500's ga ...

People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024. FanDuel parent Flutter Entertainment will spend $2.6 billion (2.3 billion euros) to acquire Italian gambling company Snaitech from Playtech, adding to a string of deals that aim to boost international growth. In an email to CNBC, a Flutter spokesperson said the company is "hugely excited" to add another leading brand to its portfolio "in wh ...

Key Takeaways Flutter Entertainment is expanding its international market with the acquisition of Snaitech, one of the largest online gambling companies in Italy. Flutter owns a number of gambling companies in a number of markets, including FanDuel in the U.S. The deal values Snaitech at 2.3 billion euros ($2.56 billion), and is expected to close in the second quarter of next year. FanDuel parent Flutter Entertainment (FLUT) said Tuesday that it has agreed to a deal to acquire Snaitech, one of Italy's large ...

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, announced it has appointed Caralyn Cooley as the company's new Chief People Officer (CPO). Cooley will join FanDuel's Executive Leadership Team (ELT) reporting to CEO Amy Howe. In her role as CPO, Cooley will be responsible for the continued acceleration of FanDuel's people strategy reflecting the company's extraordinary growth trajectory. Cooley joins FanDuel as a seasoned multi-time CPO, with deep experience s ...

文章核心观点 - 美国体育博彩行业经过几年的激烈竞争,已经形成了两大巨头FanDuel和DraftKings占据主导地位,合计市场份额达68%-72% [3] - 行业整体正在向盈利转型,FanDuel和DraftKings都有望在2023年实现盈利 [4] - 2023年NFL赛季将为行业带来大量新的投注机会,有望推动FanDuel等龙头公司的业绩增长 [6] 根据目录分别总结 行业格局 - 美国体育博彩行业经过几年激烈竞争,已经形成了两大巨头FanDuel和DraftKings占据主导地位,合计市场份额达68%-72% [3] - 其他主要竞争对手包括BetMGM、Caesars等,但市场份额较小 [3] - 行业整体正在向盈利转型,FanDuel和DraftKings都有望在2023年实现盈利 [4] 行业发展趋势 - 行业整体用户数量有望在未来几年内翻倍 [4] - 2023年NFL赛季将为行业带来大量新的投注机会,有望推动FanDuel等龙头公司的业绩增长 [6] - 行业内公司正在努力降低营销推广成本,提高盈利能力 [3] 公司表现 - FanDuel作为行业龙头,2022年收入占母公司Flutter Entertainment总收入的37% [4] - FanDuel和DraftKings的股价目前被认为是合理估值,其中DraftKings的内在价值被低估约13% [4] - Flutter Entertainment作为FanDuel的母公司,凭借其在英国和全球的规模优势,被认为更具长期投资价值 [4]

FanDuel Casino makes one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Today, FanDuel Casino, announced that it has officially made one lucky player a millionaire through FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino Limongelli, 62 years old, is officially a millionaire, after winning FanDuel Casino's $1M Jackpot Summer Sweepstakes. Agostino will be awarded the $1,000,000 grand prize from FanDuel Casino. "With over 100 ...