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