Flutter Deep dive and 2025 outlook - $FLUT
The betting company is faring well against Draftkings
Flutter Entertainment plc (LSE: FLTR), founded in 2016 from the merger of Paddy Power and Betfair, is one of the world’s largest online sports betting and gaming companies, headquartered in Dublin, Ireland. The company operates major global brands including FanDuel (US), Paddy Power (UK), Betfair (UK), PokerStars (global), and Sportsbet (Australia). For 2024, Flutter reported annual revenues of approximately $13.6 billion, reflecting a 24% year-over-year growth rate, driven mainly by U.S. expansion and strong online gaming activity globally. Its top competitors include DraftKings, Entain (owner of bwin and Ladbrokes), and BetMGM.
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