PDYPF News and Press, Paddy Power Plc From 09/11/23

POKERSTARS VR REBRANDS TO VEGAS INFINITE Canada NewsWire Move is part of Flutter's continual drive to develop its brands' technological offerings and remain at the forefront of product innovation in the industry ONCHAN, Isle of Man , Sept. 11, 2023 /CNW/ ...

2023-08-30 12:18:19 ET Summary Flutter Entertainment is a global sports betting and gaming company with a strong presence in the growing US online sports betting and iGaming market. The company's US division has a multi-year growth pathway and is the most important value creation ...

2023-08-14 15:59:00 ET Summary PENN Entertainment (PENN) is a deep-value stock with a market cap of $3.5 billion and a P/E ratio of 6x earnings. Penn's acquisition of Barstool Sports for $551 million was unsuccessful, but the company is now rebranding as ESPN Bet, capitalizing on ...

2023-08-09 15:06:03 ET Flutter Entertainment plc (PDYPY) Q2 2023 Earnings Call Transcript August 09, 2023 04:30 AM ET Company Participants Peter Jackson - Chief Executive Officer Conference Call Participants Paul Ruddy - Davy Edward Young - Morgan Stanley...

2023-08-09 07:59:59 ET Flutter Entertainment press release ( OTCPK:PDYPY ): 1H Non-GAAP EPS of 237.50p. Revenue of £4.81B (+41.9% Y/Y). Group at earnings transformation point with Adjusted EBITDA +72% to £823m (pro forma +37%). Net debt of £4.6bn at 30 J...

2023-08-07 12:50:09 ET Summary DraftKings Inc. reported its first-ever profit in its Q2 2023 earnings release, prompting a spike in shares. The company's profitability is good news, but some of its gains came from lucky play, raising concerns about sustainability. FanDuel, a t...

2023-07-28 18:25:07 ET Summary MGM Resorts International sports betting revenue has reached $994m for the first six months of this year and is headed toward $2b annually. The unit is expected to turn profitable before the end of the year. Investors now need to bake in sports b...

2023-06-16 18:41:36 ET Summary The UK White Paper of gaming reforms were far less draconian than feared regarding a threat to U.S. platform revenues. The White Paper risk baked into the price by many investors has been dramatically diminished by the actual reforms to come. ...

2023-04-20 16:41:36 ET Summary We now believe DraftKings has finally gotten serious about curtailing the overspend on new player acquisition costs. Up over 80% YTD, DraftKings stock has moved from its wildly overvalued status in spring '21 to a fair value range at the least. D...

2023-03-30 17:56:19 ET Summary The risk of recession has kept PENN Entertainment, Inc. shares dead-pooled below value. PENN's management has a proven skill set in asset allocation and everyday operations that blend tech and personal service policies. The stock is undervalued b...