Professional
Added to YB: 2024-10-07
Pitch date: 2024-10-07
FLUT [bullish]
Flutter Entertainment plc
-2.66%
current return
Author Info
Idea Brunch is an interview series where great off-the-beaten-path investors share their best ideas and insights about their research process. Yellowbrick users get a 20% discount for life
Company Info
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally.
Market Cap
GBP 40.9B
Pitch Price
GBP 236.34
Price Target
N/A
Dividend
N/A
Sector
Hotels, Restaurants and Leisure
Category
growth
Idea Brunch with Derek Brown of Dardanelles Capital - Flutter Entertainment plc
FLUT: FanDuel parent, #1 in US OSB. $2B+ EBITDA, $3B FCF by 2027. 2x active players to 6M. 47% iGaming growth. Int'l biz growing HSD. Shifting to US-centric. Valuation gap vs DraftKings, Uber, Booking.com. Risks: new state legalization, competitive intensity.
Read full article (3 min)