Flutter, the US-listed proprietor of FanDuel, warned that its earnings and revenues shall be hit after prospects had a scorching streak of successful on US sporting occasions.
The corporate stated in a buying and selling replace on Tuesday that the NFL season has been probably the most “buyer pleasant” because the launch of on-line sports activities betting, with the very best charge of favourites successful in almost 20 years.
Flutter stated its largest single loss throughout the quarter was on December 30 when the Detroit Lions’ win over the San Francisco 49ers price $74mn.
Flutter stated it might take a success to revenues of about $390mn for November 12 to December 31.
