Flutter Entertainment Well-Placed to Keep Leading Position in U.S. -- Market Talk

Dow Jones01-06

1053 GMT - Flutter Entertainment continues to dominate the U.S. gaming market, Citi analysts write in a research note. The parent company of FanDuel and other gaming and gambling brands maintains a leading position in both online sports betting and iGaming, outperforming its peers in margin expansion, the analysts say. While concerns around restrictions on U.S. college sport betting is real, its effects are ultimately limited, they add. Additionally, the group will likely benefit from M&A plans in Brazil and Italy in 2025, the U.S. bank says. Shares closed Friday at $256.76. (najat.kantouar@wsj.com)

(END) Dow Jones Newswires

January 06, 2025 05:53 ET (10:53 GMT)

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Additionally, the group will likely benefit from M&amp;A plans in Brazil and Italy in 2025, the U.S. bank says. Shares closed Friday at $256.76. 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The parent company of FanDuel and other gaming and gambling brands maintains a ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ81514606.USD","symbol_name":"大华环球创新基金A Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501628436","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501628436","pubTimestamp":1736160780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1053 GMT - Flutter Entertainment continues to dominate the U.S. gaming market, Citi analysts write in a research note. The parent company of FanDuel and other gaming and gambling brands maintains a leading position in both online sports betting and iGaming, outperforming its peers in margin expansion, the analysts say. While concerns around restrictions on U.S. college sport betting is real, its effects are ultimately limited, they add. Additionally, the group will likely benefit from M&A plans in Brazil and Italy in 2025, the U.S. bank says. Shares closed Friday at $256.76. 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