Fluttr Entrtnmnt Stock Price, News & Analysis

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.

PokerGO and PokerStars (NYSE:FLUT) have announced the revival of the National Heads-Up Poker Championship after a decade-long hiatus. The tournament, featuring a $25,000 buy-in, will premiere on Peacock in fall 2025 before streaming on PokerGO and PokerStars platforms.

The championship will maintain its signature single-elimination, bracket-style format and has already confirmed several high-profile participants, including Michael Mizrachi, Jason Koon, Chris Moneymaker, and celebrities like Rob "Boston Rob" Mariano. This marks the first edition under PokerGO's ownership following their acquisition of the brand from NBC Sports.

Flutter Entertainment (NYSE:FLUT) has announced the pricing of additional senior secured notes totaling approximately $1,272 million, comprising three tranches: $625 million at 5.875%, €300 million at 4.000%, and £250 million at 6.125%, all due 2031.

The notes, issued through Flutter Treasury DAC, will be listed on The International Stock Exchange, with settlement expected around August 7, 2025. The proceeds, along with a new U.S. dollar-denominated term loan B facility, will fund the acquisition of the remaining 5% minority stake in FanDuel and extend Flutter's strategic partnership with Boyd Interactive Gaming Holdings.

Flutter Entertainment (NYSE:FLUT) has scheduled its second quarter 2025 financial update and conference call for August 7, 2025. The company will release its Q2 2025 update after market close at 4:05 p.m. EDT, followed by a management conference call at 4:30 p.m. EDT.

The conference call will be accessible via webcast and telephone, with management available for questions. Investors can access materials through Flutter's website, and a replay will be available approximately one hour after the call concludes. Multiple international dial-in numbers are provided for global participation.