1335 GMT - Flutter Entertainment investors are focused on whether prediction markets are starting to impact regulated sports betting, Davy research analysts Paul Ruddy and Tara Tabesh write in a note. Prediction markets are exchange-based platforms where participants bet on the outcomes of events. Recent weakness in share price of the gambling and betting group behind the FanDuel, PokerStars and Paddy Power brands has fueled concerns about potential structural challenges from these markets, they say. However, the analysts suggest that the recent softness in betting activity is due to short-term factors rather than long-term change in the business, they add. Shares are down 1% at 120.75 pounds.(najat.kantouar@wsj.com)
(END) Dow Jones Newswires
January 30, 2026 08:35 ET (13:35 GMT)
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