Flutter Issues Strong 2025 Guidance Backed by FanDuel Growth (Casino.org)

Flutter Issues Strong 2025 Guidance Backed by FanDuel Growth (Casino.org)

Flutter forecasts sizable 2025 EBITDA, revenue growth US operations could represent close to half of 2025 sales Flutter Entertainment (NYSE: FLUT) announced impressive 2025 earnings before interest, taxes, depreciation, and amortization (EBITDA), and revenue guidance on Tuesday — outlooks that accompanied the gaming company’s fourth-quarter results. The Flutter logo as seen in an investor deck. The company is forecasting strong 2025 EBITDA and sales supported in part by FanDuel. (Image: Flutter Entertainment) The FanDuel parent said it expects 2025 adjusted EBITDA of $2.94 billion to $3.38 billion on revenue of $15.48 billion to $16.38 billion. Highlighting the strength of FanDuel, Flutter forecast existing US state EBITDA of $1.28 billion to $1.72 billion on sales of $7.47 billion to $7.97 billion. The operator cautioned that the fourth-quarter debut of online sports betting in Missouri and a similar launch in Alberta, Canada early next year could pinch revenue and EBITDA by $40 million and $90 million, respectively. FanDuel remains America’s number one… Read More

Category: Financial, iGaming, Sports Betting 

Source: Casino.org