[ad_1] European markets surged late on Friday as US Federal Reserve chairman, Jerome Powell, signalled that an end to rising interest rates may be in sight. Addressing a gathering at…
Tag: Flutter
Flutter shares fall after disappointing earnings — but it insists FanDuel is No. 1 in sports betting
[ad_1] FanDuel parent Flutter came out swinging Thursday, insisting the online gaming platform is the market leader in sports betting in the United States after DraftKings last week boasted it…
Gambling giant Flutter predicts lower earnings
[ad_1] Flutter has adjusted its full-year earnings expectations downwards, as “customer-friendly sports” such as the football World Cup cut into profit margins. ADVERTISEMENT Flutter Entertainment, the parent company of Paddy…
European markets slip on interest rate concerns
[ad_1] Markets slipped across Europe on Friday, with investors spooked by Bank of England governor Andrew Bailey’s remarks that monetary policy would remain tight. DUBLIN Medtech group Healthbeacon’s suspension was…
Pressure on global stocks eases with news of cooling US labour market
[ad_1] A sell-off in the US bond market has hammered global stocks in recent days amid concerns that the Federal Reserve will keep interest rates elevated longer than expected. However,…
Flutter and Playtech in £500m bidding war for Italian rival PlanetWin
[ad_1] The owners of Paddy Power and Snaitech are competing in an auction of one of Italy’s biggest gambling groups amid a renewed wave of industry consolidation, Sky News learns.…
Flutter Bets on Balkans With MaxBet Deal: The London Rush – BNN Bloomberg
[ad_1] (Bloomberg) — Flutter Entertainment Plc is taking control of Serbia-focused sports betting and gambling operator MaxBet, forking out £123 million cash for a 51% stake. The Dublin-based gambling giant, which plans a secondary…
Global stocks rise in expectation of pause in interest rate hikes
[ad_1] Stocks worldwide rose on Tuesday as investors welcomed public policy moves in the UK and China, while expectations also grew of a pause in interest rate hikes by the…