Flutter Entertainment (DI) (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

14,440.00p
   
  • Change Today:
    -360.00p
  • 52 Week High: 17,475.00p
  • 52 Week Low: 12,155.00p
  • Currency: UK Pounds
  • Shares Issued: 177.60m
  • Volume: 281,393
  • Market Cap: £25,646m
  • RiskGrade: 135

Flutter Entertainment hit as Illinois Senate approves sports betting tax

By Michele Maatouk

Date: Tuesday 28 May 2024

LONDON (ShareCast) - (Sharecast News) - DraftKings and FanDuel owner Flutter Entertainment slid on Thursday after the Illinois Senate passed a bill that would make Illinois the second most expensive state for wagers to do business in.
According to reports, the bill - which was approved over the weekend by a 37 to 22 vote - would mean that operators with the highest adjusted gross revenue would pay a 40% tax.

The bill, which will now go back to the House for concurrence, is due to become effective on 1 July.

The top rate would be the second highest among US states with competitive markets after New York, at 51%.

At 1250 BST, Flutter shares were down 4.8% at 15,210p, while DraftKings was down 6.8% in pre-market trade.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FLTR Market Data

Currency UK Pounds
Share Price 14,440.00p
Change Today -360.00p
% Change -2.43 %
52 Week High 17,475.00p
52 Week Low 12,155.00p
Volume 281,393
Shares Issued 177.60m
Market Cap £25,646m
RiskGrade 135

FLTR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.96% below the market average91.96% below the market average91.96% below the market average91.96% below the market average91.96% below the market average
96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average96.15% below the sector average
Price Trend
84.86% above the market average84.86% above the market average84.86% above the market average84.86% above the market average84.86% above the market average
56.36% above the sector average56.36% above the sector average56.36% above the sector average56.36% above the sector average56.36% above the sector average
Income
62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
70.70% above the market average70.70% above the market average70.70% above the market average70.70% above the market average70.70% above the market average
9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average

What The Brokers Say

Strong Buy 10
Buy 13
Neutral 3
Sell 0
Strong Sell 0
Total 26
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FLTR Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 09-Oct-19 21-May-19
Amount 67.00p 133.00p

Trades for 26-Jun-2024

Time Volume / Share Price
16:52 29 @ 14,440.00p
16:47 3,196 @ 14,500.43p
16:36 3,503 @ 14,440.00p
16:35 357 @ 14,440.00p
16:35 3 @ 14,440.00p

FLTR Key Personnel

CEO Peter Jackson
CFO Rob Coldrake

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