Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting. In addition, it provides online poker, casino, and rummy. Further, it provides sports betting and gaming services through paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, adjarabet.com, pokerstars.com, Skybet.com, tombola.com, sisal.com, and maxbet.rs websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, MaxBet, TVG, Stardust, Junglee Games, and Adjarabet brands, as well as live poker tours and events. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in Dublin, Ireland.
Market Dominance | Flutter Entertainment maintains strong positions in key markets, with US operations projected to exceed 30% top-line growth and revenue surpassing $1.43 billion |
Financial Projections | Analysts estimate Flutter's 2024 revenue at $13,792.41 million, with EBITDA at $2,456.60 million. EPS forecasts show growth from 4.50 in FY1 to 8.10 in FY2 |
Regulatory Hurdles | Explore potential impacts of tax increases in Illinois and New Jersey, with estimated share price drags of 3-9% after mitigation efforts |
Growth Opportunities | Delve into Flutter's strategies to capitalize on global market expansion, leveraging its "Flutter Edge" to navigate competitive pressures and regulatory changes |
Metrics to compare | FLUT | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipFLUTPeersSector | |
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P/E Ratio | −52.5x | −0.2x | 10.9x | |
PEG Ratio | 0.50 | −0.09 | 0.02 | |
Price/Book | 4.9x | 3.9x | 1.4x | |
Price / LTM Sales | 3.7x | 1.4x | 1.0x | |
Upside (Analyst Target) | 7.0% | 4.4% | 20.3% | |
Fair Value Upside | Unlock | 9.7% | 7.1% | Unlock |