Is Flutter Entertainment plc (FLUT) the Lagrest Gambling Stock of 2024? [Yahoo! Finance]
Flutter Entertainment plc (FLUT)
Company Research
Source: Yahoo! Finance
According to The Business Research Company, the global gambling market is expected to grow from $540.3 billion in 2023 to $744.8 billion in 2028, at a compound annual growth rate (CAGR) of 6.6%. Some major catalysts influencing the gambling industry include the legalization of gambling, rapid urbanization, increasing use of social media, and increasing involvement in sports betting applications. Factors that can hurt the growth are growing taxation on casinos and strict government oversight of the gambling industry. READ ALSO: 8 Best Communication Stocks To Buy According to Analysts and 8 Best Augmented Reality Stocks Under $5 to Buy The gambling industry is evolving with more and more companies advancing in the sports betting arena. By the end of 2023, the gambling and casino industry had started showing signs of growth as strong gambling activity was experienced in Macau. According to the Statistics and Census Service, the tourist count crossed 28 million in Macau in 2023, incr
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FLUT
News
- Flutter Entertainment PLC Completes Repricing of 2030 Term Loan [Yahoo! Finance]Yahoo! Finance
- Flutter Entertainment PLC Completes Repricing of 2030 Term LoanAccesswire
- FanDuel Casino Launches First Co-Branded Slot Game with the NBA: NBA Super SlamPR Newswire
- What Makes Flutter Entertainment (FLUT) a Favorite Stock for Billionaire Stanley Druckenmiller? [Yahoo! Finance]Yahoo! Finance
- Flutter Entertainment plc (NYSE: FLUT) is now covered by analysts at Macquarie. They set an "outperform" rating and a $340.00 price target on the stock.MarketBeat
FLUT
Earnings
- 11/12/24 - Beat
FLUT
Sec Filings
- 12/19/24 - Form 8-K
- 12/17/24 - Form 8-K
- FLUT's page on the SEC website