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FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC […]
Flutter Entertainment is leaning harder into prediction markets, even as some investors question how much upside the move will really deliver. In its fourth quarter earnings letter to shareholders, the parent company of FanDuel made clear that it plans to step up spending on its new prediction markets product this year. The company said: “We […]
Gambling company FanDuel has launched a new fantasy sports app, FanDuel Picks, in time for the NFL season. Launched by FanDuel and owned by gambling giant Flutter, FanDuel Picks is a new peer-to-peer fantasy sports app, bringing a new way for fans to pick their favorite athletes and form fantasy teams ahead of the 2025 […]
The regional sports networks owned by Main Street Sports Group are winning over streaming subscribers. FanDuel Sports Network, the recently rebranded portfolio of regional channels, said Monday its paid subscribers doubled to nearly 650,000 over a period of eight weeks. The company expects to reach one million direct-to-consumer customers by the end of the year. […]
