Flutter Entertainment’s profits warning reads like a sports betting version of ‘The Price is Wrong.’ With a $438 million hit, it’s clear they’ve been betting on a losing team. Calling the 2024 NFL season ‘customer-friendly’ is a bit like saying a gym is ‘pet-friendly’ after a flood of new members. And talk about a ‘winning run’ by US punters, it’s more like a marathon they didn’t train for. Their earnings? More like a ‘FanDuel’ with a steep entry fee and no prize. Ah, the glamorous world of sports betting, where even the winners lose.
Flutter Entertainment issues profit warning as American Football fans go on winning run
