Flutter Raises Earnings Forecast After Strong Q2, Rejects U.S. State Surcharge
Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strategic decision came just as its competitor, DraftKings, reversed a similar plan. Shares of Flutter, which recently transitioned its primary listing to the U.S., soared 11% in extended trading. The global leader in […]
Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strategic decision came just as its competitor, DraftKings, reversed a similar plan. Shares of Flutter, which recently transitioned its primary listing to the U.S., soared 11% in extended trading. The global leader in […]
