Flutter Entertainment Share Discussion Threads

[the white house] 07/5/2024 08:24

DK up 5.4pc on results that will not be as good as Flutter a week today.Kentucky Derby up 10pc turnover to a new record and an 18/1 outside wins by a nose. English teams out of the Champions League so all singles and multiples safe for the season. Liverpool, United, Spurs & Hammers can't buy a win between them so PL accas for last 5/6 weeks mostly sunk & odds on hotpot in 2000 guineas faded to last ish Main move to nyse couple weeks away

[the white house] 03/5/2024 15:10

Monkey up & DK going the other way, broker switch ??

[lappuliisa] 03/5/2024 08:55

DK reported 31% market share. It makes me bullish for Flutter ahead of Q1.

[the white house] 03/5/2024 07:50

DK up 2pc after hours after a decent report with increase in punters and raised guidance

[the white house] 01/5/2024 19:20

DraftKings Q1 stats tomorrow 9pm England Time

[the white house] 01/5/2024 19:16

Ohio March276m take with 27m hold with a win percentage of over 10pc for 4th month on the bounce. Next best DK 20m hold

[the white house] 01/5/2024 12:28

In other news NY Q1 214m up from 156m last year 4 weeks post Q1 80m up from 63m so no signs at all of consumer issues as other reporting today

[the white house] 01/5/2024 12:10

NY move signed off this morningPrime listing on NYSE by end of month Jacko is stating

[the white house] 29/4/2024 15:58

2 medium players up over 10pc Rank (Grosvenor casino) with 69m shares bought & Playtech (software provider & owner of Italy largest online book)Not known why yet, only here is down

[solarman2013] 23/4/2024 13:09

Correct. Fan duel much higher hold , smart strategy.

[dapper5] 23/4/2024 12:46

Suspect DK are heavily reliant on high turnover low margin VIP play as reason why turnover share is high like Fanatics in NJ, not a great business model when its all about profit not turnover

[solarman2013] 21/4/2024 22:43

Top line is vanity. Profits are sanity.

[lappuliisa] 21/4/2024 22:02

DraftKings on top of this weeks NY handle, but with very poor win rate of 3.7%.
Fanduel reporting a solid 9.2% win rate, while other operators posted poor <5% figures.
This week Fanduel took home 59% of the states revenue with 36.5% of the handle. Good job Flutter!

[solarman2013] 18/4/2024 13:06

People selling FLTR at this moment are short sighte. or getting out of the stock that will not be primarily listed on LSE anymore. FLUTTER Is about to report a crazy growth quarter.

[pughman] 18/4/2024 12:20

The igaming numbers coming out of NJ,Penn and Michigan are staggering. My standout,Michigan March 24 FD produced a record $57.6m, beating the previous record from Feb this year of $48.4m, up 68.6% on Mar 23. It was also the first time since the icasino launch that BetMGM had not come top.

[dapper5] 18/4/2024 09:29

Interesting continued decline in the share price which seems to be driven primarily retail investors, institutional investors holding firm

[the white house] 17/4/2024 13:46

It is not effectively 100m when the first big betting event day or so after launch was North Carolina hoops team losing at 1/3. Been lucky last couple of launches with major instant punter losses

[pughman] 17/4/2024 08:35

N.Carolina out with first numbers since March 11 start. They don't release individual operator figures. 21 days trading, handle $659m, revenue $66.5m. Promos for these 3 weeks $202.6m, which based on their Ohio approach of over 50% of first month credits, means a $100m hit in Q1. FD do like to go in hard.

[the white house] 17/4/2024 08:24

14 March Q update looking decent & stratospheric rises seen in icasino looking like they will be able to get close to even offsetting the NJ tax rise from Jan 1 2025.Buy of the year the Minnie data firm behind this. Clever Added @ 157

[the white house] 17/4/2024 08:19

Michigan March Sports 34m from 36m last in Qicasino Q from 83m to 134mLast 3 icasino months 38,44 to 53m in March against 26,26,30 last year

[the white house] 17/4/2024 08:14

Strong data out of New Joisey & Mich : like London buses last nightNJ sports for month March 40m to 52mNJ icasino 43m to 57mNJ Q1 sports 120m to 200m NJ Q1 casino 120 to 161m

[lappuliisa] 17/4/2024 07:28

They were very clear on the conference call that their primary use of capital is to invest it back into the business. That will provide the highest return. It sounded to me that returning capital to shareholders is few years away.

[zwemnaar] 17/4/2024 07:05

don't read anything into share buy back. that is something that gets approved at each AGM as a matter of BAU. This is not an indicator that they are about to launch a share buy back

[vraetorian] 16/4/2024 21:51

Based on the voting instructions, it looks like Flutter intends to buy back their own shares from the market, once approved.
As well as making the change to the London Listing from Premium to Standard.. as we were all made aware from Press releases in 2023.

Great news for shareholders regarding that Buy Back - Seems like a solid foundation will form at $175(Flut:NYSE)

Maybe some future news on a Dividend will be made public too... (Fingers crossed)

[solarman2013] 15/4/2024 10:32

I think we should see some interesting corporate action as of May 1st. Earnings will be the most important metric so if they did well, retail investors will flood into the stock as soon as NYSE becomes primary. Still hoping for a name change …