NYSE:FLUT - Post Discussion
Post by
GrahamB on Nov 20, 2022 6:08pm
Whats Not To like?
US leader online sports books with fan duel at 42% market share
US: Net revenue ahead of expectations at between £2.3bn and £2.5bn ($2.85bn - $3.1bn) and MGroup ex-US: Adjusted EBITDA of between £1,290m and £1,390m
Recently settled fox dispute, with an 18% sale possible to Fox of approximately 3 billion, putting the Valuation of Fan duel, approximating the market cap of flutter, giving all the other businesses for free.
Catalysts: additional states coming online, flywheel effect, Possible IPO in the US
All IMO
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