People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024. Spencer Platt | Getty Images FanDuel parent Flutter Entertainment will spend $2.6 billion (2.3 billion euros) to acquire Italian gambling company Snaitech from Playtech, adding to … Read more
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company’s FanDuel betting platform captures market share and grows revenue dramatically, even in well established states with sports betting and online gaming. But it was the declaration that FanDuel will not add a surcharge to offset an … Read more
The beloved Mars helicopter Ingenuity took its final flight in January, bringing its mission to an end after a historic three-year run on Mars. The helicopter was the first to fly on a planet other than Earth, and it racked up many other accolades before succumbing to rotor damage that prevented future flights, thus grounding … Read more
FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and included in the FTSE 100 index. But Flutter’s most important market … Read more
