Fluttr Entrtnmnt Stock Price, News & Analysis

FanDuel, North America's leading online gaming company, has appointed Keith Whyte as Responsible Gaming Strategic Advisor during Responsible Gaming Education Month. Whyte, founder of Safer Gambling Strategies LLC and former Executive Director of the National Council on Problem Gambling, brings over 30 years of experience in responsible gambling and problem gambling prevention.

In his role, Whyte will contribute to FanDuel's responsible gaming initiatives, including the Trusted Voices: Conversations About Betting program, which provides resources for adults to discuss gambling risks with young people. He will also advise on strategy, advocacy opportunities, and partnership development to enhance FanDuel's responsible gaming culture.

FanDuel (NYSE:FLUT) has launched FanDuel Picks, a new peer-to-peer fantasy sports product that allows users to win up to 1,000x their entry fee. The platform enables customers to build lineups of 3-6 players and predict whether athletes will exceed their projected stats during games.

New users who invest $5 will receive $60 in bonus funds. The product, launching just before NFL season, is now available in 17 states, including Texas, Wisconsin, and Georgia. Players earn points for correct selections and can win shares of prize pools based on their performance.

CME Group (NASDAQ: CME) and FanDuel have announced a strategic partnership to develop an innovative event contracts platform. The collaboration will create new fully funded, event-based contracts with defined risk, allowing FanDuel customers to trade on various market benchmarks including the S&P 500, Nasdaq-100, commodities, cryptocurrencies, and economic indicators.

The partnership involves forming a joint venture to operate a non-clearing futures commission merchant (FCM), enabling customers to place simple "yes" or "no" positions for as little as $1. The platform is expected to launch later in 2025, pending CFTC regulatory review, and will be available through all participating FCMs.

FanDuel (NYSE:FLUT) has secured a market access agreement with St. Louis CITY SC ahead of its mobile sports betting launch in Missouri. This strategic partnership will make Missouri the 25th state or territory where FanDuel operates its mobile sports betting platform.

The expansion demonstrates FanDuel's continued growth in the U.S. sports betting market, with the company already operating in major markets including New York, Pennsylvania, and Illinois. The partnership aims to tap into Missouri's passionate sports fan base while supporting the local soccer team.

Flutter Entertainment (NYSE:FLUT) has announced the launch of its fourth tranche of share repurchase program, with plans to buy back shares worth up to $245 million on the NYSE. The buyback will commence on October 1, 2025 and conclude by December 31, 2025.

This represents the fourth tranche of Flutter's multi-year $5 billion share repurchase program announced in September 2024. The company expects to return approximately $1 billion to shareholders in 2025 through the program. Davy Securities UC will execute the buyback independently, with a maximum limit of 17,674,003 ordinary shares, less the shares acquired in the previous three tranches.

Flutter Entertainment (NYSE: FLUT) reported strong Q2 2025 results with revenue growing 16% to $4.19 billion and Adjusted EBITDA increasing 25% to $919 million. The company saw 11% growth in average monthly players to 15.98 million. However, net income declined 88% to $37 million due to non-cash charges.

Key highlights include US revenue growth of 17% with FanDuel maintaining leadership in sportsbook (41% GGR market share) and iGaming (27% GGR market share). International operations grew 15%, boosted by Snai and NSX acquisitions. The company increased its 2025 guidance, now expecting revenue of $17.26bn and adjusted EBITDA of $3.295bn at midpoint.

Strategic developments include US index inclusion, extension of Boyd partnership to 2038, completion of Snai acquisition creating leadership in Italy, and establishment of scale position in Brazil through NSX.

Flutter Entertainment (NYSE:FLUT), a leading online sports betting and iGaming operator, has announced its upcoming participation in a fireside chat hosted by Moffett Nathanson. The event will feature CEO Peter Jackson and CFO Rob Coldrake and is scheduled for August 13, 2025 at 11:15 a.m. EDT. Investors can access the live stream through Flutter's investor relations website, with a replay available after the event.

Flutter Entertainment (NYSE:FLUT) has successfully completed two strategic transactions with Boyd Gaming Corporation: the extension of their strategic partnership until 2038 and the acquisition of Boyd's 5% stake in FanDuel Group. The market access savings from this transaction will take effect from July 1, 2025.

This move consolidates Flutter's control over FanDuel, securing complete ownership of the sports betting and iGaming platform.

Boyd Gaming (NYSE: BYD) has successfully completed the sale of its 5% equity stake in FanDuel Group to Flutter Entertainment plc (NYSE: FLUT) for $1.758 billion in cash proceeds.

The Company plans to utilize the proceeds to reduce existing debt while continuing its strategic focus on property investments, growth opportunities, and shareholder capital returns. This transaction marks a significant monetization event for Boyd Gaming as it celebrates its 50th anniversary in 2025, operating 28 gaming properties across 10 states.