Flutter Entertainment PLC said Wednesday that it was upgrading its 2022 guidance for U.S. revenue after strong growth in the country and that group revenue for the third-quarter rose 22%. Read more
Tag: IE:FLTR
Sports-betting measures Prop. 26, Prop. 27 on their way to losing big in California
Voters in California appeared to have soundly rejected dueling sports-betting initiatives, which together raised more than $400 million, on Tuesday. Proposition 26, put forth by many of the state’s Native Read more
FanDuel now valued at $22 billion for purposes of Fox option, arbitrator rules
Flutter Entertainment on Monday said an arbitrator has determined that the value of U.S. sports betting company FanDuel as of Dec. 2020 was $20 billion. That establishes the current value Read more
The record-breaking bet on sports gambling in California faces long odds
Two dueling ballot initiatives to legalize sports betting in California have wagered more than $400 million on their campaigns, but with a month to go until voters decide, the resulting Read more