Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by SBC Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SBC Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Ep 648: Flutter… Heavy Lies the Crown!

25:02
 
Share
 

Manage episode 519364844 series 3468725
Content provided by SBC Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SBC Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In today's episode of iGaming Daily, brought to you by Optimove, host Fernando Noodt, is joined by SBC's Editor-at-Large, Ted Menmuir, and SBC's Senior Journalist, Tom Nightingale, to break down the latest developments at Flutter Entertainment following its Q3 performance update.

In this episode, we unpack how the global gambling giant absorbed a $500 million impairment linked to the closure of its Junglee business after unexpected regulatory changes in India. The team also explores the mixed signals coming from the US market: while FanDuel’s margins have been hit by unfavourable sports results, its iGaming division continues to surge, up 44% last quarter.

The three also examine the mounting pressures on the PLC, including stagnant UK growth and rising group debt (now nearing £10 billion). Finally, we discuss Flutter and FanDuel’s bold move into sports contracts and prediction markets through the new Project Predict platform, an ambitious push to unlock opportunities in large, non-regulated US states such as California, Texas, and Florida.

Tune in to find out whether Flutter’s operational strength can offset its growing financial and regulatory headwinds.

  continue reading

670 episodes

Artwork
iconShare
 
Manage episode 519364844 series 3468725
Content provided by SBC Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SBC Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In today's episode of iGaming Daily, brought to you by Optimove, host Fernando Noodt, is joined by SBC's Editor-at-Large, Ted Menmuir, and SBC's Senior Journalist, Tom Nightingale, to break down the latest developments at Flutter Entertainment following its Q3 performance update.

In this episode, we unpack how the global gambling giant absorbed a $500 million impairment linked to the closure of its Junglee business after unexpected regulatory changes in India. The team also explores the mixed signals coming from the US market: while FanDuel’s margins have been hit by unfavourable sports results, its iGaming division continues to surge, up 44% last quarter.

The three also examine the mounting pressures on the PLC, including stagnant UK growth and rising group debt (now nearing £10 billion). Finally, we discuss Flutter and FanDuel’s bold move into sports contracts and prediction markets through the new Project Predict platform, an ambitious push to unlock opportunities in large, non-regulated US states such as California, Texas, and Florida.

Tune in to find out whether Flutter’s operational strength can offset its growing financial and regulatory headwinds.

  continue reading

670 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play