GAMBLING GIANT LOSES $789M! Betting Big on NEW Market? See Why NOW!
Flutter announced a staggering $789 million net loss in Q3 2025, primarily driven by a colossal $556 million impairment from India's sudden regulatory shift and a $205 million payment for U.S. market access. Despite this significant setback and even surrendering its Nevada gaming license, Flutter is making a bold strategic move, launching FanDuel Predicts in December with massive investment to capture new prediction market opportunities across the U.S. where traditional sports betting is not yet legal. Management expressed strong confidence in FanDuel's continued market leadership in existing sports betting and iGaming, which saw impressive growth despite heightened competitor generosity and customer-friendly sports results. This aggressive expansion into prediction markets, combined with existing strengths, aims to accelerate customer acquisition and build long-term value. Stay ahead of these dramatic market shifts and subscribe to our channel for exclusive financial insights!
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