FLUT Stock Recent News

Diamond Sports and FanDuel have reached a naming rights agreement for Diamond Sports' regional sports networks. The agreement will start with the 2024 NHL and NBA seasons and will be long-term, pending Diamond's emergence from bankruptcy, according to a bankruptcy court filing.

CHARLOTTE, N.C.--(BUSINESS WIRE)--The American Gambling Awards today announced FanDuel, North America's premier online gaming company, has been named Online Sportsbook of the Year for the 2024 American Gambling Awards. Defending its title as America's #1 Sportsbook, this recognition marks FanDuel's third consecutive win in this competitive category, reflecting its exceptional customer experience and continued growth in the sports betting landscape. The American Gambling Awards, produced by Gamb.

FanDuel odds now available on NBA League Pass as part of opt-in viewing experience NEW YORK , Oct. 15, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company and an Official Sports Betting Partner of the National Basketball Association (NBA), is tipping off the NBA season by bringing back a promotion to provide fans with a three-month subscription to NBA League Pass. Fans who opt-in can also view an enhanced broadcast experience featuring live odds from FanDuel during NBA League Pass games.

Shares in listed bookmakers Entain PLC (LSE:ENT), Flutter Entertainment PLC (LSE:FLTR) and Evoke PLC (LSE:EVOK) tumbled on the back of news that the UK government might target the sector in this month's Budget.  HM Treasury could hit the gambling industry with a £3 billion tax raid, it was reported at the weekend, as Rachel Reeves looks for ways to help fill the £22 billion 'black hole' in the public finances.

Amy Howe, FanDuel CEO, joins CNBC's 'Power Lunch' to discuss FanDuel's continued expansion, how it is adapting to the changing media landscape, and more.

FLUT is experiencing strong momentum, driven by its leadership through FanDuel, which commands nearly 40% of the U.S. sports betting and iGaming market.

Donation comes after this year's launch of mobile sports betting in the state and marks the fourth $1 million FanDuel donation to UNCF NEW YORK , Oct. 1, 2024 /PRNewswire/ -- FanDuel, the premier online gaming company in North America, today announced a fourth $1 million donation supporting the UNCF (United Negro College Fund) whose mission is to build a robust and nationally recognized pipeline of under-represented students who, because of UNCF support, become highly qualified college graduates. The donation will financially support students at 11 historically Black colleges and universities (HBCUs) across North Carolina.

The US sports betting industry has exploded in recent years, with platforms like FanDuel leading the charge. As the NFL season kicks off, Peter Jackson, CEO of Flutter (FLUT) (FanDuel's parent company), joins Yahoo Finance reporter Josh Schafer to discuss the business and its remarkable growth.

Flutter CEO Peter Jackson joins 'Squawk on the Street' to discuss the company's raised guidance, how it is using AI, trends in sports gambling, and much more.

Flutter Entertainment PLC (LSE:FLTR) gained over 9% on Wednesday after unveiling plans at its investor day to buy back US$5 billion (£3.7 billion) worth of shares. This came as the Betfair owner said its total addressable US market was set to grow to US$63 billion by 2030, one and a half times larger than initially forecast.