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PDYPY / UK gambling review is incoming but US is the key for Entain and Flutter, brokers say

UK gambling review is incoming but US is the key for Entain and Flutter, brokers say
Just as new research showed a worrying skew of gambling losses to more deprived areas of the UK, it is the lure of huge growth in the US that makes shares in FTSE 100 players Flutter Entertainment PLC (LSE:FLTR) and Entain PLC (LSE:ENT) attractive, according to Citigroup and JPMorgan.  The recent sell-off of the gambling sector "provides an attractive entry point" for both Entain and Flutter, Citi said in a note, with JPM also rating both companies positively in a note today. Read More
Posted: Jun 9 2022, 10:36
Author Name: Proactive Investors
Views: 111518

PDYPY News  

NFL gambling uptick leaves analysts backing Flutter

By Proactive Investors
October 16, 2023

NFL gambling uptick leaves analysts backing Flutter

September's return of the National Football League in America has driven an uptick in sports betting prompting Jefferies analysts to back the likes of more_horizontal

Flutter Entertainment in focus as American sports betting maintains strong growth

By Proactive Investors
October 2, 2023

Flutter Entertainment in focus as American sports betting maintains strong growth

Flutter Entertainment PLC (LSE:FLTR) shares were trading sideways - with the UK investors seemingly unaware of the bumper weekend of sports betting in more_horizontal

Flutter could become a US stock by next year, says analyst

By Proactive Investors
September 27, 2023

Flutter could become a US stock by next year, says analyst

Flutter Entertainment PLC (LSE:FLTR), the betting operator, could be moving its primary listing to the US by mid-2024, analysts at Jefferies reckon, w more_horizontal

Flutter picks up 51% stake in Serbia's MaxBet for £123 million

By Proactive Investors
September 27, 2023

Flutter picks up 51% stake in Serbia's MaxBet for £123 million

Flutter Entertainment PLC (LSE:FLTR) has taken a 51% stake in MaxBet, Serbia's number two omni-channel sports betting and gaming operator. The owner o more_horizontal

Whitbread and Flutter the UK leisure standouts - Morgan Stanley

By Proactive Investors
September 7, 2023

Whitbread and Flutter the UK leisure standouts - Morgan Stanley

Morgan Stanley (NYSE:MS) has highlighted its top picks in the leisure sector following a review of data trends over the Summer. The UK-listed stocks more_horizontal

Flutter Entertainment: High-Growth Betting And Gaming Leader Winning In The U.S.

By Seeking Alpha
August 30, 2023

Flutter Entertainment: High-Growth Betting And Gaming Leader Winning In The U.S.

Flutter Entertainment is a global sports betting and gaming company with a strong presence in the growing US online sports betting and iGaming market. more_horizontal

Flutter Entertainment plc (PDYPY) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 9, 2023

Flutter Entertainment plc (PDYPY) Q2 2023 Earnings Call Transcript

Flutter Entertainment plc (OTCPK:PDYPY) Q2 2023 Earnings Call Transcript August 9, 2023 4:30 AM ET Company Participants Peter Jackson - Chief Executiv more_horizontal

Flutter's FanDuel delivers profit ahead of US listing

By Proactive Investors
August 9, 2023

Flutter's FanDuel delivers profit ahead of US listing

Flutter Entertainment PLC (LSE:FLTR) hailed an “exceptional” performance in the US ahead of plans for a US listing, as it reported a return to pr more_horizontal


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