Flutter Entertainment Share Discussion Threads

[solarman2013] 06/2/2023 16:28

great news. it just keeps getting better~

[the white house] 06/2/2023 15:56

Best weekend for the books in 6 months. No turnover & given no divvi and no buybacks down we go after that 700 rise. Bookmark 27 Feb to add as we will pick up steam as the results leak early in week...

[the white house] 03/2/2023 08:03

Our mates Boyd up 5.4pc after market close after posting record Q4 and record Annual

[solarman2013] 02/2/2023 21:26

so a $14M swing in just one state. I smell profitability achieved. This will take it very high indeed.

[pughman] 02/2/2023 21:18

After last week's record numbers in NY, for the w/e 29.01.23 FD handle $146.8m(42.6%), revenue $13.5m(49.4%). Last year for the same week, w/e 30.01.22 revenue was a loss of $565,000. The breakdown of Ohio's figures will be out at the end of Feb.

[solarman2013] 02/2/2023 20:12

it will hover near 130 as it did for 120 and 125. its a pattern. takes an event to push it to hold the next level. we are one month from update. meantime, if we see others putting out positive news, in anticipation it will go up. I think we explode once IPO is announced.

[the white house] 02/2/2023 14:24

Decent move Year high pushing through 130To be noted in previous years 3 of 4 major holders have all or just 1 or 2 have sold down 1pc of company or so in January to crystallise long held profits for their annual gain. The fact that none have thus far can be read as a very strong signal of near term prospects

[ahmedt1810] 02/2/2023 11:19

Great news for Flutter and growth stocks based on Fed meeting yesterday. I believe Market will pivot very quickly - starting today - back to growth stocks. And growth stocks showing strong earnings will soar. Perfect setup for Flutter heading in earnings.

[the white house] 02/2/2023 10:12

Of other items to note it appears that FanDuel is showing the first significant signs of really cracking the igaming market. They tried first with Betfair casino then Stardust/Boyd were talked about but it now appears that the obvious FanDuel Casino option was the best all along. A 30pc increase from Q3 to Q4 for a sector less seasonal than sports underlines the importance of sports states adding casino is as important as new states opening

[the white house] 02/2/2023 10:05

Cannot see first half FD but FY 2021 was 1.9bn so this next result will dwarf this and yet again bring calls for US listing/spin offDK results on 16 and usefully up 10pc overnight part on fed reaction

[the white house] 02/2/2023 09:28

Solid numbers out of entain given their portfolio which was not v World Cup friendly for the QInteresting that as per a week ago with US data and now RoW that we can can be even more confident re numbers on 2 March A read through Michigan number can guide to Q4. Overall I have BetMGM up 11pc sports and igaming DraftKings up 22pc and FanDuel up 48pcGiven that only 5 or 17 have igaming the read across in sports only is needed to get a fuller picture. BetMGM up 40pc DK up 42pc & FD up 86pcAll states are different sizes but with 600m profit for FD in Q3 a figure of 960m may be ball park giving a huge 1560m for the half Love to see other stats if anyone bothered!?

[solarman2013] 27/1/2023 17:05

JPM self interest, just like the lot of the analysts. Let the performance speak. we have a had a strong run, maybe it's just a tempering moment. as we get wind of others performance next week, the industry will continue to rise or pause.

[the white house] 27/1/2023 16:54

JPM bought 4m shares in 888/William Hill this week and will be trying to move clients funds to follow them & help price there. Their PT here now 159 from 161 so still decent. Note must have been drafted prior to NY & Michigan methinks & done after 10pc up in a month Shell at 10x size produce 4 pencil & 4 actual guided to profit unlike the lazy 3 here so big gap between Nov & March with no Q4 not ideal. 124 now we will see March 2 if call good. I doubt.

[solarman2013] 27/1/2023 16:05

why would that have such a dampening effect?

[foreverfore] 27/1/2023 15:34

JPM downgrades FLTR to neutral

[solarman2013] 27/1/2023 01:57

There isn’t room for more than five operators. In time there will be M&A activity specially after FD IPO with all that cash

[pughman] 26/1/2023 22:34

Record week for FD w/e 22.01.23 in NY, for both handle $182.4m(40.5%) and revenue $26.6m(46.2%). For the same week last year w/e 23.01.22 FD's revenue was $10m. DK had a good week as well, it's becoming the norm for the two of them to take 80% of revenue. That doesn't leave much for the other 7 operators.

[solarman2013] 26/1/2023 21:02

Between fox and flutter

[goldstj98] 26/1/2023 19:24

What final arbitration are you referring to?

[the white house] 26/1/2023 17:08

must be smiling in Dublin looking at numbers compared to BetMGM. NY talking about igaming April and online in Texas also April as well as spin/listing options. Both would be v significant I cannot see a divvi big being guided on 2 March announcement. FD giving out 10m in free bets at Super Bowl whereas UK (mainly) shareholders left funding for years....hard to justify continued excusesCould be an interesting few months

[solarman2013] 26/1/2023 15:03

SISAL is on top of their market. We also expect the final arbitration decision any day now. If it goes well again for Flutter, clears the way for an FD IPO in 2023. Big, big upside on that...

[the white house] 26/1/2023 08:23

Other main Italy player to Sisal announced strong results there just now (SNAI - Playtech) Given no World Cup for Italy this was a possible Q blip for this arm. Given that the fact that the major markets covered by Flutter USA, England, Australia, Canada & Brazil were all there augurs v well. BetMGM out @ 1.30 Michigan tells us FD outperformed all rivals from Q3 to Q4. Pity there is no isolated Q4 trading update here

[ahmedt1810] 25/1/2023 16:24

Big news. Fox withdrew proposal to merge Fox Corp and News Corp. This most certainly shuts the door on Fox exercising their FanDuel option; at least for the next few years.

[pughman] 24/1/2023 11:26

TWH has been calling £200 for a long time. For the first time, I can see it on the horizon as well.