Flutter Shares Drop After Mixed Q2 Results, Guidance Cut and CEO Transition
Flutter reported mixed Q2 numbers, lowered 2026 outlook, and announced CEO Peter Jackson’s exit.
Flutter reported mixed Q2 numbers, lowered 2026 outlook, and announced CEO Peter Jackson’s exit.
DraftKings’ Predictions platform exploded in May 2026: annualized consumer volume jumped 24% to $1.3 billion and total volume rose 34% to $3.1 billion.
Citi downgraded Flutter to Sell, slashed its price target, and warned of weak growth, rising competition, and falling profitability.
Prediction markets are booming fast, with huge growth expected to $1T by 2030 as betting on real events goes mainstream.
Sens. Schiff & Curtis introduce legislation to ban CFTC-regulated prediction markets from offering sports wagers, closing a loophole amid state clashes.
Flutter, parent of FanDuel, reports Q4 misses amid prediction market pressures; shares drop as US forecasts fall short, but international outlook shines.