Flutter Entertainment Share Discussion Threads

[the white house] 22/4/2022 14:59

Call me mad but I have gone long Dec @ 82

[vraetorian] 22/4/2022 05:42

"PokerStars, part of Flutter Entertainment, on Thursday launched a new peer-to-peer online betting platform, the PokerStars Exchange."

[the white house] 18/4/2022 18:37

Michigan igaming showing first real signs of improvementAfter 15m levels 4 months running last months record in the 17's now jumps to 20m Not quite the spending crisis some would believe

[the white house] 18/4/2022 18:29

Monster share for NYgood to see NJ figures 20pc up on last year 31m to 37m so hardly the 25pc drop off called by some after NY openedTotal 66m so it is as if NY had not happened

[solarman2013] 16/4/2022 15:43

FD share over 60% ! Something going VERY VERY right….

[coxsmn] 16/4/2022 15:13

NY Sports Betting RevenuesFor the week of April 10, the seven sportsbooks reported a total of $15,181,675 in gross gaming revenue.Here are the total gross gaming revenues for the week:DraftKings: $2,444,567Caesars: $694,637FanDuel: $7,956,295BetMGM: $1,202,925PointsBet: ($23,150)BetRivers: $324,624WynnBET: $180,857Resorts World: $62,973

[vraetorian] 13/4/2022 19:56

I do remember, and I'm not complaining just adding clarification for the downtrend. The stock is within my acquisition range- for how much longer isn't clear

[solarman2013] 13/4/2022 14:18

Vrae, remember that half a billion write down for the purchase of Stars Group? That is what caused it. So long as they don’t have a major same same for the purchase of two entities in 2021, we should be fine,

[vraetorian] 13/4/2022 13:43

The graph resembles an Aspen Black run because the current Basic EPS (TTM) is -2.37GBP

[solarman2013] 13/4/2022 11:23

DK has been irresponsible with promo money. A fraction of Hold of FD. People need distractions in the worst times.

[harigoyal] 13/4/2022 10:43

My 2 cents. In US Fanduel has let us say 2x of market share & revenue of DK. Market see DK losing hand & fist so FD must b losing twice of that. DK price is slumping everyday.

Flutter losing revenue from Russia & Ukraine. 4M refugees. 40+ Years highest inflation. Where is the silver line for a gambling company. It is Macro economic in Europe

[blue59] 13/4/2022 08:29

If all this hyperbole was relevant why does the share price graph resemble an Aspen black mogul run?

[vraetorian] 13/4/2022 04:36

Fantastic handle@ 44.1% with an even larger chunk of revenue. They're doing it the right way. And with them expanding rapidly, the Revenue growth has been unreal these past two years. Gaining roughly 2Billion annualy since 2019(2.14B) 2020(4.41B) 2021(6.04B) . Honestly, i don't mind this at all. I know it's rattled a few, but this is the time to capture and solidify positions in the highest growth areas for the future of Flutter.

[solarman2013] 12/4/2022 17:08

FanDuel handled 44.1% of all the online dollars bet in New York last month. It owned an even larger chunk of revenue at 47.4%. imagine this is with all of the $$$$ that Caesars dumped in January which will eventually no longer affect the numbers and with over 10 sports books live. Jackson should resign if he can’t steer Flutter to a profitable and DIVIDEND PAYING stock in 2022…

[the white house] 11/4/2022 17:04

Huge leads in most States, millions of new customers, superb business in Oz, S America kicking on, Canada new country & Jackson is a addict on crack looking for yet another purchase to expand. 75 quid down since October is not good enough. Spending some of his life with Deliveroo and only selling and never buying Fluttter shares (when at times he could have made millions if he had timed things as I did but with more firepower) shows how much he cares about his shareholders and his judgementNot good enough

[the white house] 11/4/2022 16:57

The key trouble here is that they thought they would get away with not reinstating their dividend as the share price was doing ok. Now they have been caught with their trousers down, same as entain, as the Nasdaq has slumped and so has the share price. Following blind. These are no different to the loss making DK in the eyes of many in so much as no divvi no buybacks so they are not doing very well.Choosing to spend the divvi on tinpot mini companies is no excuse. Without Covid acquisitions could have still been made and divvis still paid. Cross ref Shell for example the best run company in the World, some say. It has stopped wild drilling and concentrated on core business, paying a divvi and heavy buybacks. It's price has gone from 11 to 21 in a year

[solarman2013] 11/4/2022 15:51

Just saw the massive jump in FD's nethold in March. Seriously moving way ahead of the pack..

[trictrac66] 11/4/2022 15:35

Sure. NY here: Results usually on a Friday...

hxxps://www.gaming.ny.gov/gaming/index.php?ID=1


No regulatory data on Ontario yet (and not sure if they will publish ever?), but there's some interesting google search data, and app download data posted on legalsportsreport, twitter etc.

[solarman2013] 11/4/2022 15:03

Tric...may i ask which webpage you draw info on the market share in ontario and ny please?

[trictrac66] 11/4/2022 14:42

The US business has had a stellar 2022 YTD. They were already #1 but have consistently grown market share month on month in the face of some heavy competition that now seems to have run out of steam.

They have had terrific recent results in the "I-states". They are now #1 by handle (and still by revenue easily) in Indiana (as of today's report)and Illinois (last week's February report). They have almost doubled market share in Iowa too in recent months, poised to take the handle lead there too soon despite the state giving the retail casinos a long head-start.

As for New York - 41% handle market share in March. 44% based on the first week of April. Stunning stuff.

Early data indicates a strong launch in Ontario, Louisiana and Wyoming too.

I've stopped looking at the share price - keeping my eyes on 2025 revenue target of $10 billion or more...

[solarman2013] 11/4/2022 14:05

I suspect add to that numbers for their pre-Jan 1 acquisitions being incorporated, New York huge figures and their consistent market share, it is really only profitability improvements, Ukraine war and FOX status holding them down.

[blue59] 11/4/2022 06:04

This is no place for pertinent questions!

[harigoyal] 08/4/2022 21:22

Just asking, in such kind of deal as FD & Maple Sports, who pays to whom & how much? Any idea?