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Flutter Entertainment(FLUT) - 2025 Q1 - Quarterly Report
2025-05-07 20:11
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37403 Flutter Entertainment plc Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or Registrant's Telephone Number, Including Area Code: (646) 930-0950 (Exact name of regist ...
Flutter Entertainment(FLUT) - 2025 Q1 - Quarterly Results
2025-05-07 20:05
Flutter Entertainment Reports First Quarter 2025 Financial Results May 7, 2025 (New York): Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces Q1 results, and updates 2025 guidance. A letter to shareholders has also been published on the Group's website at www.flutter.com/investors Key financial highlights: | | | Three months ended March 31, | | | --- | --- | --- | --- | | In $ millions except where stated otherwise | 2025 | 2024 | YOY | | A ...
FanDuel Sports Network touts streaming subscriber growth for regional games
CNBC· 2025-05-05 19:00
Core Insights - FanDuel Sports Network has seen its paid subscribers double to nearly 650,000 in just eight weeks, with expectations to reach one million by year-end [2] - The company emerged from bankruptcy protection, significantly reducing its debt and restructuring its agreements with teams and leagues [3] Subscriber Growth - The streaming platform averages 250,000 unique daily users and about one million unique monthly users since the start of the 2025 MLB season, with average watch time per game increasing by 9% year-over-year to 92.5 minutes [4] - Partnerships with Amazon Prime Video and SB Nation, along with promotional offers from team partners, have contributed to subscriber growth [5][6][7] Industry Context - Regional sports networks are facing challenges due to the decline in pay-TV subscribers, necessitating adaptation to new streaming models [8][9] - The traditional lucrative model for regional sports networks is under pressure as pay-TV distributors push back on contracts [9] Pricing Strategy - FanDuel Sports Network's subscription starts at $19.99 per month, with pricing varying by region, and the company is exploring lower price points to attract more subscribers [11][12]
Flutter Entertainment announces completion of Snai acquisition
GlobeNewswire· 2025-04-30 13:13
NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces that it has completed the acquisition of Snaitech S.p.A. (“Snai”), one of Italy’s leading omni-channel operators from a subsidiary of Playtech plc, for cash consideration based on an enterprise value of €2.3b1. The acquisition of Snai, which will be positioned within the Southern Europe & Africa region of our International divis ...
Flutter Entertainment to Report First Quarter 2025 Financial Results and Host a Conference Call on May 7, 2025
GlobeNewswire· 2025-04-28 15:00
DUBLIN and TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment ("Flutter") (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announced that it will release its first quarter 2025 financial results after market close on Wednesday, May 7, 2025 at 4:05 p.m. EDT (9:05 p.m. BST). The earnings release and supplementary materials will be available through the "Investors" section of the Flutter website at www.flutter.com. Flutter management will host a conference cal ...
Why Flutter (FLUT) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-24 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Flutter Entertainment (FLUT) , which belongs to the Zacks Gaming industry.This online gambling company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 120.70%.For the most recent quarter, Flutter was expected to post earnings of $1 ...
FanDuel Gears Up For The 151st Kentucky Derby Where Fans Can Bet The Race On The #1 Sportsbook App
Prnewswire· 2025-04-23 14:00
As an official partner of Churchill Downs Inc., FanDuel will once again deliver unmatched access during Derby Week with premier betting options, live FanDuel TV broadcasts, and exclusive events  Churchill Downs®, Kentucky Derby®, Kentucky Oaks® and the Twin Spires® are registered trademarks of Churchill Downs Incorporated NEW YORK, April 23, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, is off to the races for the 151st "Run for the Roses" with the #1 sportsbook app where fans ...
Regulatory Approval Achieved For Snai Acquisition
GlobeNewswire· 2025-04-09 16:12
Regulatory approval achieved for Snai acquisition, enhancing Flutter's position in Italy, Europe's largest regulated market NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) ("Flutter") the world's leading online sports betting and iGaming operator today announces that it has received all necessary antitrust, gaming and regulatory confirmations to acquire Snaitech S.p.A. ("Snai"), one of Italy's leading omni-channel operators. The acquisition of Snai fully aligns wit ...
Country Sensation Shaboozey to Headline FanDuel's Kentucky Derby Party
Prnewswire· 2025-04-09 13:45
The exclusive FanDuel Party will pay tribute to the horseracing community with a $100,000 donation to the Thoroughbred Aftercare Alliance NEW YORK, April 9, 2025 /PRNewswire/ -- FanDuel Group, the premier online gaming company in North America and an Official Partner of Churchill Downs Inc, announced today that Grammy-nominated country music sensation Shaboozey will be headlining the FanDuel Kentucky Derby Party.Following last year's buzzworthy inaugural event featuring performances by Luke Bryan and Ne-Yo, ...
Flutter Entertainment: Among The Best Crash-Resistant Stocks In Its Sector
Seeking Alpha· 2025-04-08 18:58
Group 1 - The House Edge is recognized as a unique marketplace service in the casino, gaming, and online sports betting sectors, providing researched insights and analysis [1] - Howard Jay Klein, with 30 years of experience in major casino operations, leads The House Edge and focuses on value investing based on management quality [2] - The intelligence network of Howard Jay Klein spans across various levels in the US gambling and entertainment sectors, enhancing the quality of the research provided [2]