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SOUTHPORT, Conn.--(BUSINESS WIRE)--Main Street Sports Group, owner of FanDuel Sports Network, today announced that Jo Sauer will join its senior leadership team, serving as General Counsel, effective April 7. As General Counsel, Ms. Sauer will partner with business leaders across the organization to help shape and execute FanDuel Sports Network's legal, business, and operational strategies. She will oversee the network's legal team, providing corporate governance and counsel on all legal matter.
SOUTHPORT, Conn.--(BUSINESS WIRE)--FanDuel Sports Network, owned and operated by Main Street Sports Group, today announced two new strategic partnerships with SB Nation and Yahoo Sports aimed at accelerating subscriber growth and expanding awareness of its direct-to-consumer (DTC) offering for the 2025 Major League Baseball season. Collaborations with SB Nation and Yahoo Sports will support FanDuel Sports Network's reach by targeting highly engaged fans across key digital platforms to drive vie.
Flutter Entertainment publishes historical financial data to reflect 2025 segment reporting changes Flutter Entertainment publishes historical financial data to reflect 2025 segment reporting changes
Flutter Entertainment leads the global sports betting and iGaming market, with 90% of revenue from online channels, benefiting from digital adoption trends. FY 2024 results: Revenue up 14% to $14.05B, adjusted EBITDA up 5% to $2.36B, and free cash flow conversion surged 177%. 2025 outlook: Revenue projected at $15.9B (+13%), adjusted EBITDA at $3.2B (+34%), with strong US and international growth potential.
Flutter Entertainment plc is a global leader in one of the more intriguing growth industries of our time, legalized gambling. My investment thesis highlights strong revenue growth and market expansion as key drivers. FLUT has dipped in price, allowing me to step in as part of my new long-term growth portfolio.
Sports betting stocks are in the spotlight as March Madness drives a surge in wagering activity, with DraftKings Inc (NASDAQ:DKNG), Robinhood Markets Inc (NASDAQ:HOOD), and Flutter Entertainment PLC (NYSE:FLUT) all making notable moves.
If you're a sports fan, March means basketball. And if you're a fan of the sports betting site FanDuel, it's a good reason to pay attention to the stock of FanDuel's parent company, Flutter Entertainment plc NYSE: FLUT.
New problem gambling recovery show with Craig Carton premieres and "Trusted Voices: Conversations About Betting" program introduces new resources NEW YORK , March 19, 2025 /PRNewswire/ -- March is Problem Gambling Awareness Month, and FanDuel, North America's premier online gaming company, is continuing to build its Responsible Gaming platform through new programming designed to expand access to responsible gaming education. The company is expanding its relationship with Craig Carton to launch "The Comeback with Craig Carton," a new FanDuel TV show that will focus on problem gambling recovery.
Exclusive new features include an exclusive ability to combine picks from multiple tournament rounds into one parlay and a new Bet Back Promotional Token NEW YORK , March 14, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced new industry-first product innovations in time for the March college basketball tournament, including an exclusive tournament feature that allows customers to combine picks across multiple rounds into a single parlay and a new Bet Back Token that allows customers to get out of a bet if it is not going to plan. The Bet Back Token will be available for use on any college basketball game beginning March 17, and customers can also begin building their tournament parlays once the bracket is set on Sunday, March 16.
Flutter Entertainment FLUT analysts highlight the sports betting and iGaming market share growth of the company after fourth-quarter financial results and guidance.