Flutter bounced 10 per cent today on news that its US business is growing faster, and getting profitable sooner, than the market had expected. Since Flutter bought FanDuel in May 2019, the big question has been, how much will its US business come to be worth? It’s a difficult question for investors to answer. The US is a virgin territory for sports betters. A market of 330 million potential punters – with much higher average incomes than any European country.  A US Supreme Court decision in 2019 gave individual states the right to legalise sports betting. But there has been…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.