Flutter's Fourth-Quarter Results Miss Wall Street Estimates

Flutter, the parent company of the FanDuel gambling platform in the United States, announced its fourth-quarter financial results, which did not meet Wall Street expectations. Bloomberg posted on X that the company's performance was impacted by a slowdown in new customer registrations and a moderation in wagering growth. Despite these challenges, Flutter continues to navigate the competitive landscape of the gambling industry, seeking strategies to enhance its market position and drive future growth.