Fluttr Entrtnmnt (FLUT) Stock News

Amazon (NASDAQ:AMZN) and FanDuel have announced a multi-year partnership making FanDuel the official odds provider for NBA and WNBA games on Prime Video. The collaboration introduces innovative features including opt-in bet tracking and Odds View for basketball fans starting in the upcoming NBA season.

The partnership features Blake Griffin, NBA on Prime analyst, as FanDuel's ambassador across various marketing channels. Through the new integration, users who link their Prime Video and FanDuel accounts can track their active NBA bets in real-time during games, while the Odds View feature displays live odds, lines, and probabilities for various betting options.

The partnership emphasizes responsible gaming, with bet tracking being optional and disableable through Prime Video settings.

FanDuel and Delaware North have announced a strategic market access partnership for online sports betting and igaming in West Virginia through Delaware North's Mardi Gras Casino & Resort. The collaboration leverages Delaware North's gaming and hospitality expertise alongside FanDuel's leading sports betting technology and brand recognition.

The partnership centers on the Mardi Gras Casino & Resort in Cross Lanes, while FanDuel will maintain its existing sportsbook operations at the Greenbrier Resort in White Sulphur Springs, West Virginia. This expansion strengthens FanDuel's presence in the West Virginia gaming market.

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.