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. ...
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For further details see:
Flutter Entertainment: It's All About Scale In The Sports Betting Sector