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Flutter Entertainment PLC ( (FLUT) ) has provided an announcement.
Flutter Entertainment reported that unfavorable US sports results, particularly in NFL Parlay and Same Game Parlay outcomes, have negatively impacted their Q4 2024 trading figures. Despite the customer-friendly sports outcomes leading to a significant reduction in gross gaming revenue, Flutter remains optimistic about its long-term growth trajectory and emphasizes the temporary nature of these results, which do not affect their underlying assumptions and future guidance.
More about Flutter Entertainment PLC
Flutter Entertainment PLC is a leading global operator in the online sports betting and iGaming industry, known for its robust platforms and wide customer base. The company focuses primarily on online gambling services, leveraging strong market positioning in the United States and globally through its FanDuel brand and other offerings.
YTD Price Performance: -0.92%
Average Trading Volume: 160,816
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £36.35B
For detailed information about FLUT stock, go to TipRanks’ Stock Analysis page.
