Flutter CEO Says Anticipate That Typically There Will Be Around A 2 Percentage Points Increase In Us Sportsbookpopulation Each Year Due To New States Coming On Stream
Portfolio Pulse from Benzinga Newsdesk
Flutter's CEO announced during the Investor Day that they expect a 2% annual increase in the US sportsbook population as new states legalize sports betting.
September 25, 2024 | 1:33 pm
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Flutter's CEO expects a 2% annual increase in the US sportsbook population due to new states legalizing sports betting, which could boost Flutter's market share and revenues.
The CEO's statement indicates a positive growth trajectory for Flutter in the US market as more states legalize sports betting. This expansion is likely to increase Flutter's customer base and revenue, positively impacting its stock price.
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