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FanDuel owner Flutter loses big to NFL fans

FanDuel Owner Flutter Cuts Guidance. Blame Sports Bettors Winning Big on the NFL.

Some of the National Football League’s strongest teams are having dominant seasons—and that’s helping sports bettors beat the house. FanDuel owner Flutter Entertainment cut its fourth-quarter U.S. guidance late Tuesday,

Forbes · 14h

FanDuel’s Owner Flutter Warns Of Profit Drop After Gamblers Hit Winning Streak

International sports betting operator Flutter has warned of a hit to revenues and profits after U.S. gamblers enjoyed a string of winning bets on the NFL.

Covers · 19h

FanDuel Owner Flutter Entertainment Takes $370 Million Hit as Result of Bettor-Friendly NFL Season

In Q3, US business represented approximately 38% of sales for Flutter Entertainment. Along with FanDuel, the company owns gaming brands Paddy Power, Betfair, TVG, and Sky Betting & Gaming.

The Financial Times · 1d

Flutter profits hit as US gamblers win big on NFL games

FanDuel and Paddy Power owner says results were most ‘customer friendly’ since launch of online sports betting

19hon MSN

FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.

There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies ...

Legal Sports Report16h

FanDuel Parent Again Revises EBITDA Guidance On Unfavorable NFL Results

Football season has been great in terms of customer acquisition but has done a number on the bottom line, according to ...

Business Wire8h

Norby Williamson Joins Main Street Sports Group as President of Production and Programming

Main Street Sports Group (“Main Street Sports” or the “Company”) today announced that it is expanding its senior leadership ...

Free TV returns for local team: Blues move 3 games to Channel 4 from FanDuel Sports Network

For the first time in more than a decade and a half, the Blues are adding an over-the-air station to their local television ...

Brewers pivot, strike deal with FanDuel Sports Network for 2025 local TV broadcasts

The Brewers had previously arranged to have MLB Media broadcast its games for 2025. One big change, however: You can now ...

Forbes2d

FanDuel Review: $200 In Bonus Bets – January 2025

After launching in 2018, FanDuel quickly became a leading online sportsbook and sports betting app, especially after the U.S. Supreme Court overturned the Professional and Amateur Sports ...

FanDuel Parent Warns: NFL Bettors Won Too Much

It looks like the House doesn’t always win. FanDuel parent Flutter Entertainment again lowered its estimates for 2024, citing the most customer-friendly NFL season “since the launch of online sports ...