FanDuel owner Flutter takes $370 million hit from NFL bettors. Blame these winning teams.
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Flutter, the owner of FanDuel, reported a $370 million loss due to favorable NFL outcomes for bettors, marking the most 'customer-friendly' season since online sports betting began.
January 09, 2025 | 6:15 pm
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Flutter, owner of FanDuel, reported a $370 million loss due to favorable NFL outcomes for bettors, marking the most 'customer-friendly' season since online sports betting began.
The $370 million loss indicates a significant impact on Flutter's financial performance due to the NFL season's outcomes. This could lead to a negative short-term impact on Flutter's stock price as investors react to the unexpected loss.
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