#flutter-entertainment

#flutter-entertainment

DraftKings and Flutter have expanded into market-making on prediction-market exchanges, positioning proprietary infrastructure as core to profitability and leadership in sports predictions.

Flutter Entertainment is increasing investment in prediction markets despite near-term profitability losses, positioning the product as a long-term growth driver with minimal cannibalization of existing sportsbook business.

Revenue rose 17% in Q1 2026, supported by acquisitions, online casino strength, and improved sports betting results, while net income fell due to higher costs.

Flutter Entertainment is shutting down FanDuel TV and FanDuel Picks, eliminating over 100 jobs by 2027 as it refocuses on core betting operations.