Flutter Entertainment Stock News

Stanley Druckenmiller made a fortune working alongside billionaire George Soros. He ran his own hedge fund for years before closing it in 2010.

Flutter's global scale, technology stack, and brand portfolio drive superior customer acquisition, retention, and margin expansion in regulated online gambling. FanDuel's U.S. leadership delivers high-margin growth, with efficient marketing spend and a seamless wallet architecture accelerating payback and insulating group earnings. The NYSE listing boosts liquidity, lowers capital costs, and un...

FanDuel is adding a 50-cent surcharge on all Illinois wagers. The move is designed to offset the high taxes in the state.

NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, notes the recent decision by the Illinois State legislature to introduce a betting transaction fee for licensed operators on all sports wagers placed within the state from July 1, 2025 (“Illinois Transaction Fee”).

Entain PLC (LSE:ENT) and Flutter Entertainment PLC (LSE:FLTR) are expected to face increased costs after a "last minute" proposal for a new tax on online sports betting was added to the Illinois state budget tax, effective from 1 July 2025. The tax introduces a $0.25 charge on the first 20 million bets and 50 cents on all bets thereafter.

Shares of online sports betting platforms struggled Monday. Illinois lawmakers passed a budget that included what one analyst described as a surprise tax increase on wagers.

Through Duquesne Family Office, he manages his $11 billion fortune with a macro-driven strategy, focusing on making concentrated bets.

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