Business
March 6, 2026
FanDuel Reportedly Parts Ways with Sports Prez Mike Raffensperger
Mike Raffensperger, FanDuel’s president of sports, is reportedly preparing to exit the company. His departure comes amid a somewhat turbulent period of FanDuel’s parent company, Flutter Entertainment, although sources suggested that his decision is unrelated to that fact. FanDuel to Distribute Raffensperger’s Responsibilities Among Its Team According to reports, Raffensperger announced his departure in an […]
Prediction Markets
March 6, 2026
Flutter Entertainment Says Prediction Markets Don’t Threaten Sports Betting
Flutter Entertainment’s boss, Peter Jackson, is not in the least concerned about the rumored juggernaut that is prediction markets. In fact, where others fear the undoing of the sports betting vertical, Jackson’s company sees an opportunity. Gambling Boss Says Prediction Market Fears Are Overblown To start with, Jackson took to the Morgan Stanley Technology, Media […]
Business
March 2, 2026
Flutter Entertainment’s FY 2025 Report Outlines Mixed Results
Gaming giant Flutter Entertainment has published its financials for 2025, highlighting a mixed bag of results. While the company’s revenue and EBITDA grew, its net income declined significantly, prompting another dip in its share price. Net Income Plummeted, Despite Increases in Revenue, EBITDA Flutter’s Q4 2025 results outlined significant setbacks reflected in a staggering 94% […]
Legal
February 19, 2026
Sportsbet Files Counterclaim in Class Action Lawsuit over Fast Code Service
Flutter Entertainment-owned Australian online gambling company Sportsbet has filed a counterclaim in response to a class action lawsuit concerning allegedly illegal fast codes it had offered to bettors. Sportsbet Files Counterclaim According to Sportsbet, if the courts determine its use of fast codes was unlawful, then customers who used those codes and profited from bets should […]
Business
February 2, 2026
Flutter Enjoys Continued Analyst Confidence
Flutter Entertainment enjoys continued analyst confidence despite the near-term uncertainty hanging over the US betting landscape. Most agree that the company’s scale, product mix, and adaptability will enable it to remain competitive amid rising challenges. Flutter’s stock has faced rising headwinds as investors are wary of slower handle growth and growing pressure tied to the […]
Industry
January 14, 2026
Analysts Stay Bullish on Gaming Heavyweights Despite Emerging Challenges
Wall Street analysts remain largely confident in their positive assessments regarding traditional, high-profile gaming operators. Evaluations published this month predict that, despite increased turbulence in 2026, industry giants such as DraftKings and Flutter will remain well-positioned to absorb shocks and deliver long-term growth as long as they maintain their focus on innovation. Leading Operators Can […]
Business
December 9, 2025
Flutter Brazil Appoints New CEO & Chair
Flutter Entertainment unveiled major leadership changes in Brazil, labeling them as shifts marking a “new chapter” in the company’s history. These included new CEO and chair appointments that will align Flutter Brazil with the broader business’s ethos. Studart Joins as Chair, Monte Named CEO In its announcement on LinkedIn, Flutter Brazil confirmed João Studart as […]
Business
November 13, 2025
Flutter Lowers Its 2025 Guidance Due to Q3 Trouble
Online sports betting and iGaming powerhouse Flutter Entertainment has published its Q3 results. While the company’s revenue experienced double-digit growth, its net loss broadened due to a variety of headwinds. Flutter’s Revenue Was Strong, But Losses Mounted Flutter’s report for the three months ended September 30 outlined revenue of $3.8 billion, marking an increase of […]
Business
November 13, 2025
Flutter & CME Group Unveil FanDuel Predicts Platform
Gambling powerhouse Flutter Entertainment is preparing to foray into the hot prediction markets space via a partnership between its FanDuel brand and CME Group. The arrangement will result in the launch of the FanDuel Predicts app, allowing Flutter to tap into the growing demand for event contracts. FanDuel Predicts to Hit the Market in December […]
Business
November 5, 2025
BofA Downgrades DraftKings and Flutter Amid Market Uncertainties
Sportsbook operators DraftKings and Flutter’s shares have dropped to neutral, after Bank of America lowered its ratings on both companies to that level recently. The bank highlighted renewed challenges from fluctuating betting margins, potential state tax headwinds, and ongoing uncertainty surrounding the development of prediction markets as a reason for its decision. DraftKings and Flutter’s […]
