Flutter Entertainment Archives - Legal Sports Report

FanDuel Expects $200 Million Loss Ahead Of Massive NFL Marketing Push

FanDuel says US players have proven stickier than in other markets and it will be investing in customer acquisition in new states accordingly. Read More

Posted on: August 27, 2020 | | Brad Allen

Is Flutter A Better Bet For Investors Than DraftKings Stock?

Global equity research firm Redburn predicts Flutter is set for pole position in the US sports betting sector and undervalued by the market. Read More

Posted on: June 24, 2020 | | Brad Allen

How Many Millions Of DraftKings Stock Shares Just Sold Today?

Remember when DraftKings upsized its stock offering last week? That sale turned out to be even larger than expected. A total of 46 million shares of DraftKings stock were purchased Tuesday as the offering completed. The number of new shares held at 16 million, but shareholders exercised their full option for additional sales, bringing that […] Read More

Posted on: June 23, 2020 | | Adam Candee

FanDuel Weathering Sports Shutdown Thanks To Horse Racing, Online Casino

FanDuel parent company Flutter reported a mere 8% year-on-year drop in US revenues for the four weeks after sports shut down March 15. Read More

Posted on: April 17, 2020 | | Brad Allen

Which Sportsbook Operators Can Weather Coronavirus Shutdowns?

Sportsbook operators have put out the first statements regarding the business implications of shutdowns from the coronavirus. Read More

Posted on: March 16, 2020 | | Matthew Waters

Mega-Merger Between FanDuel Parent, Stars Group Faces Competition Inquiry

UK competition authorities will review the $6 billion mega-merger between FanDuel owner Flutter Entertainment and Fox Bet owner The Stars Group. Read More

Posted on: February 5, 2020 | | Brad Allen

Last Week In Sports Betting News: Stars Group, Monumental Deals Set The Industry Aflutter

This week's recap eventually gets to the launch of online sports betting in Indiana, but not before being sidetracked by two big business deals. Read More

Posted on: October 7, 2019 | | Eric Ramsey