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Flutter Entertainment PLC FLUT

Consumer Cyclical Resorts & Casinos
Flutter Entertainment plc is an online sports betting and iGaming operator. Its divisions include the United States (U.S.), United Kingdom and Ireland (UKI), Australia and International. The U.S. division offers sports betting, casino, DFS and horse racing wagering products to players across various states in the United States, mainly online but with sports betting services also provided through a small number of retail outlets and certain online products in the province of Ontario in Canada. In the UKI, it offers sports betting (sportsbook), iGaming products and other products through its Sky Betting & Gaming, Paddy Power, Betfair and tombola brands. In Australia, it offers online sports betting products through its Sportsbet brand. The international division includes its operations in over 100 global markets and offers sports betting, casino, poker, rummy and lottery, mainly online. The international division includes PokerStars, Betfair International, Adjarabet and Junglee Games.


NYSE:FLUT - Post by User

Flutter Entertainment PLC
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•••
Post by GrahamBon Jan 26, 2024 7:36pm
256 Views
Post# 35848121

FLUT IPO Monday

FLUT IPO Monday

Follow Barron's in Apple News

Flutter Entertainment, parent company of online sports betting platform FanDuel, is about to make its New York Stock Exchange trading debut. But shares of its U.S. rival DraftKings should be able to withstand the competition stateside, analysts say. 

In addition to FanDuel, the Ireland-based gambling business owns other sports-betting brands around the globe like Paddy Power, PokerStars, Sportsbet, and more. 

On Monday, Flutter will complete a dual listing on the New York Stock Exchange under the ticker FLUT. This will allow American traders to buy stock in another major sports betting company—directly competing with DraftKings, Walt Disney’s ESPN Bet, MGM Resorts International, and Caesars Entertainment.

DraftKings didn’t immediately respond to a request for comment on the listing
https://stocks.apple.com/ADXUFhViXSiGH8G7PSHzoaQ
 

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