Welcome to our dedicated page for Fluttr Entrtnmnt news (Ticker: FLUT), a resource for investors and traders seeking the latest updates and insights on Fluttr Entrtnmnt stock.
Flutter Entertainment (FLUT) is a global leader in online sports betting and iGaming, operating renowned brands across 100+ jurisdictions. This page provides centralized access to official press releases and verified news about corporate milestones, regulatory developments, and market strategies.
Investors and industry professionals will find timely updates on earnings reports, strategic partnerships, product launches, and operational expansions. Our curated feed ensures comprehensive coverage of FLUT's initiatives in digital gaming innovation and responsible betting practices.
Key content categories include quarterly financial disclosures, technology advancements through the Flutter Edge platform, market entry announcements, and leadership updates. Bookmark this page for direct access to primary sources about FLUT's global operations in the United States, United Kingdom, Australia, and other key markets.
FanDuel reported that nearly half of its customers (approximately 3.5 million) engaged with My Spend, their responsible gaming dashboard, during the 2024-2025 NFL Season. The tool provides users with detailed insights on deposit and betting activity over various time periods.
The company launched a dedicated advertising campaign during NFL playoffs to promote My Spend, with consumer testing showing 75% of customers agreeing these tools are helpful for tracking and managing play. FanDuel also introduced Deposit Alerts, a new feature allowing customers to set target budgets and receive notifications when reaching set amounts.
The company plans to expand its responsible gaming technology initiatives in 2025, focusing on early intervention for at-risk behavior identification.
FanDuel Casino has announced the exclusive launch of Light & Wonder's HUFF N' MORE PUFF™ slot game on their platform. Starting February 4, 2025, the game will be available in New Jersey, Pennsylvania, Michigan, West Virginia, Connecticut, and Ontario. The online version maintains the popular casino floor experience while adding a bonus-buying feature.
The game, featuring the Big Bad Wolf character, allows players to compete for real money prizes as the wolf huffs and puffs to reveal rewards. This exclusive partnership represents FanDuel's commitment to expanding its iGaming product with popular casino games. The launch combines one of America's most popular slot games with FanDuel's promotional offerings to enhance the online gaming experience.
FanDuel, North America's premier online gaming company, has launched its sportsbook operations in Puerto Rico, marking its 24th jurisdiction for mobile sports betting. The company has opened a new retail sportsbook in partnership with CAGE Sports at #53 Edificio El Caribe, Calle Palmeras in San Juan.
Puerto Rican residents aged 18 and above can register in-person at the retail location to access the FanDuel Sportsbook app. New customers making their first wager of at least $5 will receive $200 in Bonus Bets, which can be used across multiple sports including basketball, NFL, MLB, NHL, and soccer.
The FanDuel Sportsbook app features secure banking, fast payouts, and 24/7 customer service. It offers innovative features like Same Game Parlay bets, live streaming, and The Pulse for curated experiences. The platform includes educational resources through Sports Betting 101 and emphasizes responsible gaming with tools for setting limits and tracking spending patterns.
FanDuel announced that Peyton and Eli Manning will compete in a live field goal kicking competition called 'Kick of Destiny 3' during Super Bowl LIX in New Orleans. The competition will air during FOX's Super Bowl Pregame Show at 3pm ET, where both former NFL quarterbacks will attempt 25-yard field goals. FanDuel customers can make free picks through the FanDuel Sportsbook app on which Manning brother will win, with correct predictions earning a share of $10 million in Bonus Bets.
The competition format includes initial 25-yard attempts, with additional rounds if needed. In case of a tie after three rounds, the winner will be determined by who kicked closest to the center target. The campaign includes TV spots showing the brothers' preparation and will culminate in the live event, with recap footage being shown during two Super Bowl commercial spots.
Flutter Entertainment (NYSE:FLUT) reports significant impact from unfavorable US sports results in Q4 2024. The company experienced adverse outcomes primarily in NFL Parlay and Same Game Parlay bets, with the 2024/2025 NFL season showing the highest rate of favorites winning in nearly 20 years.
The unfavorable results led to a $438m reduction in gross gaming revenue (GGR), approximately $390m decrease in revenue, and $260m reduction in Adjusted EBITDA from November 12 to December 31. US revenue for 2024 is now estimated at $5.78bn, down from previous guidance of $6.05bn-$6.25bn. The 2024 US Adjusted EBITDA is revised to approximately $505m, compared to previous guidance of $670m-$750m.
Q4 sportsbook net revenue margin was 6.6%, with structural revenue margin at 14.5%. Despite these short-term setbacks, Flutter reports good momentum in UK and Ireland operations, with favorable English Premier League results leading to slightly higher Group Ex-US revenue and Adjusted EBITDA than previously guided.
Flutter Entertainment (NYSE:FLUT) has reported significant impacts from unfavorable US sports results in Q4 2024. The company experienced adverse outcomes primarily in NFL Parlay and Same Game Parlay bets, with the 2024/2025 NFL season showing the highest rate of favorites winning in nearly 20 years.
The unfavorable results led to an estimated $438m reduction in gross gaming revenue (GGR), approximately $390m in revenue reduction, and $260m decrease in Adjusted EBITDA for the period from November 12 to December 31. As a result, US revenue for 2024 is now estimated at $5.78bn, down from the previous guidance of $6.05bn-$6.25bn. The 2024 US Adjusted EBITDA is revised to approximately $505m, compared to previous guidance of $670m-$750m.
Q4 sportsbook net revenue margin was 6.6%, with structural revenue margin at 14.5%. The Group Ex-US segment showed positive performance, with UK and Ireland operations demonstrating good momentum and favorable sports results in the English Premier League.
Flutter Entertainment (NYSE:FLUT), the world's leading online sports betting and iGaming operator, has successfully completed a repricing of its Term Loan B worth approximately $3.885 billion. The loan, issued in November 2023 and due in 2030, will now have its interest rate reduced by 25 basis points from SOFR plus 2.00% to SOFR plus 1.75%. This proactive financial move is expected to generate annual interest expense savings of approximately $10 million. The loan's maturity terms remain unchanged.
FanDuel Group (NYSE: FLUT) has launched NBA Super Slam, the first co-branded slot game with the National Basketball Association. Developed by White Hat Studios, the game is exclusively available on FanDuel Casino in Michigan, Pennsylvania, New Jersey and Ontario.
The basketball-themed slot game features official NBA marks and creates an immersive arena experience with cheering crowds. Players can spin for hoop symbols to collect basketballs with various cash values. The game is being promoted by Chandler Parsons, co-host of FanDuel TV's 'Run It Back'.
FanDuel Group, North America's premier online gaming company, has strengthened its government relations team by appointing James Hartmann and Louis Trombetta as Directors of Government Relations. Hartmann, a former prosecutor and Chief Counsel to the Illinois House Speaker, brings significant legislative experience, particularly in gaming legislation. Trombetta, the former Executive Director of the Florida Gaming Control Commission, contributes over a decade of gaming industry expertise. These strategic hires aim to enhance FanDuel's relationships in existing markets and support expansion into new states.
FanDuel Group, a subsidiary of Flutter Entertainment (NYSE: FLUT), operates across all 50 states with approximately 17 million customers and 25 retail locations, offering services including FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing.
FanDuel has launched 'My Spend', a new responsible gaming dashboard that helps customers track their spending patterns and manage budgets. The tool provides personalized stats including deposit amounts and net winnings over various timeframes (7 days, 4 weeks, or 3 months).
The dashboard integrates with FanDuel's existing responsible gaming tools, such as deposit and wager limits. Developed based on research showing players' interest in personalized activity insights, My Spend will be promoted through a new advertising campaign in both English and Spanish across multiple media channels.
The feature is available across all FanDuel products, including Sportsbook, Casino, Fantasy, Racing and Faceoff.
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