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Flutter noted the deal gave FanDuel an enterprise value of $11.2 billion, a discount of over 40% compared to the Enterprise value of DraftKings, a distant second player in the U.S. market.
Over the past year Flutter has gained 95% in value, more than double the performance of DraftKings. Other competitors, including Betway parent Super Group, Rush Street Interactive and Barstool ...
This initiative is a component of their broader strategy to buy back $5 billion of shares, aiming to enhance shareholder value. Following these transactions, Flutter will have 178,047,246 ordinary ...
The projected fair value for Flutter Entertainment is UK£123 based on 2 Stage Free Cash Flow to Equity Flutter Entertainment's UK£155 share price signals that it might be 26% overvalued The UK£ ...
DUBLIN (Reuters) - Betting group Flutter Entertainment, the owner of Paddy Power, Betfair and PokerStars, on Wednesday said it will "vigorously defend its position" after Fox Corp filed a suit ...