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home / news releases / DKNG - Flutter Entertainment: It's All About Scale In The Sports Betting Sector

DKNG - Flutter Entertainment: It's All About Scale In The Sports Betting Sector

DraftKings Inc.

2024-03-31 04:32:25 ET

Summary

  • Flutter's transition to trading on the NYSE has increased its penetration into the US investor pools.
  • FLUT, the largest international online sports betting platform, is expected to benefit from its scale against peers.
  • The growth of Fan Duel in the US has been a major driver of FLUT's success, and the company is projected to turn profitable this year.

Above: Trading on the NYSE has given the stock a far deeper penetration into the US retail and institutional investor pools. ...

For further details see:

Flutter Entertainment: It's All About Scale In The Sports Betting Sector
Stock Information
Company Name: DraftKings Inc.
Stock Symbol: DKNG
Market: NASDAQ
Website: draftkings.com
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