Reported about 6 hours ago
Flutter, the largest online betting company globally, anticipates a 34% rise in core profit for 2025, following a 26% growth in 2024, fueled by the expanding success of its U.S. brand, FanDuel. CEO Peter Jackson expressed confidence that U.S. gamblers will remain resilient despite economic challenges from recent tariffs. Flutter forecasts its U.S. earnings will significantly contribute to this growth, reaching between $2.94 billion and $3.38 billion in adjusted EBITDA, with FanDuel enhancing its market share in both sports betting and iGaming.
Source: YAHOO