Flutter cuts US guidance

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.
Flutter Cuts US Guidance as NFL Gamblers Ride Winning Streak
DUBLIN (Reuters) - Flutter, the world's largest online betting company, said on Tuesday it expects 2024 earnings at its fast-growing U.S. FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak.
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,
Detroit Lions Take A Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
The Detroit Lions and other NFL betting favorites hurt revenue and profits for sportsbooks. Here's what one analyst says could happen next.
FanDuel Parent Flutter Entertainment Cuts Outlook as Too Many NFL Favorites Won
Key Takeaways FanDuel parent Flutter Entertainment warned that its U.S. results will be lower than anticipated because too many NFL favorites won this season, giving customers better payouts.The online gambling company said the "customer friendly" wagering resulted in lowering full-year U.
The house always wins. This NFL season, Flutter is finding out, so does the favourite
The customer-friendly run of NFL results in the fourth quarter was, to a certain extent, foreseen by the market
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
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 betting with the highest rate of favorites winning in nearly 20 years.
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FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
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