#Flutter Entertainment PLC

STL News

Online Gambling: Latest Trends and What’s Ahead

The global gambling market is set to be valued at over 747.9 billion USD by the end of this year. It's projected to reach a value of over 876 billion dollars by 2026. The biggest markets for online gambling are the US, Canada, Mexico, Germany, the UK, China, Australia, and India. In India alone, gambling industry is already worth 60 billion US dollars.
Industry
Online Gambling: Latest Trends and What’s Ahead
gamingrealms.com

Final News Round Up of 2022! November & December

Gaming Realms has recently secured its full gaming license from the National Gambling Office in Romania. The Company is pleased to share that a record number of players have enjoyed new iterations of Slingo. Gaming Realms attended SIGMA Malta where they hosted a drinks event, catching up with key partners.
Industry
Final News Round Up of 2022! November & December
Yabby
Njoy Life Njoy Life 11 days
@NjoyCasino

Casino fun fact: The first legal casino in the United States was opened in New Orleans in 1822.

SlotBeats SlotBeats 9 days
@SlotBeats

Global events and media firm SBC and Canadian gambling industry media leader Gaming News Canada are announcing today a partnership around SBC’s sports betting and igaming events in the United States and Canada.

Njoy Life Njoy Life 11 days
@NjoyCasino

Fun facts about casinos: The first legal casino in the United States was opened in New Orleans in 1822. It was called the Tivoli Club and was open to the public and featured gambling games such as poker, roulette, and craps.

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European Gaming

UK Generates Over 16.41 Billion Revenue From Online Betting

UK Generates Over 16.41 billion Revenue From Online Betting. The number of people gambling online in the UK has increased by 32% in past 2 years. Online gambling is convenient, accessible and offers a wide variety of games and betting options. It is also relatively easy to start and there are no upper age restrictions. The UK Gambling Commission has put in place a number to protect consumers and ensure that they are treated fairly by operators. There is an increasing need for regulation as online gambling can pose some risks, such as addiction and cybercrime.
Finance
Saltwire

Analysis-Slots to smartphones: pandemic sends Australia's gambling problem online

Rhys Wareham switched to a smartphone app to track bets on baseball. Australia has seen a shift in betting behaviour since the pandemic-forced closure of public venues. The government has promised to take a deeper look into online gambling. The app providers are mostly foreign. They benefit from marketing methods such as text message-based promotions. It is harder to regulate than traditional gambling and it is more popular than poker machines. In the same period, the loss in online sports betting swelled by 80%. It was A$7.1 billion.
Mobile
Newswires

Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration

Online Gambling Market is Projected to reach US$ 131.4 billion by 2027. The global online gambling market is driven by the rising consumer expenditure power and rapid penetration of the internet. The advent of bitcoin gambling and the surging use of mobile phones for playing online games are also driving the market growth. Government legalizing online betting is also providing an impetus to market. Rising celebrity endorsements and corporate sponsorships are creating a positive outlook for the Market. IMARC Group's report offers a comprehensive analysis of industry.
Industry
Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration
Wild Casino

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The Daily News

Global Online Gambling Market Report 2022: Growing Adoption of Smartphones & Rapid Internet Penetration Fuels Sector

The global online gambling market was valued at US$65.316 billion in 2020 and is expected to grow at a CAGR of 10.11% over the forecast period to reach a total market size of US $128.154 billion by 2027. According to the American Gaming Association, around 2,800 sites were active online and offered games and activities, such as poker, lottery, and bingo, as of 2018. The industry has a vast range of regulatory frameworks in place. Many countries prohibit the online betting industry.
Mobile
Gambling News

Sisal Won a Contract for Tunisian Gambling Market

Sisal has been awarded a contract for the management of gaming in Tunisia by Promosport. The contract will allow Sisal to manage and develop its product portfolio for a period of 10 years.
Industry
SportsBetting Casino

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WTVB

Analysis-Slots to smartphones: pandemic sends Australia’s gambling problem online

Rhys Wareham switched to a smartphone app to track bets on baseball. Australia has seen a shift in betting behaviour since the pandemic-forced closure of public venues. The government has promised to take a deeper look into online gambling. The industry is harder to regulate than traditional gambling and is dominated by foreign companies. It is also more profitable than the traditional industry. Online gambling is more popular than gambling in general. Its popularity is driven by text message-based promotions. There are no gambling advertising restrictions. In Australia, the most popular app is Sportsbet.
Mobile
Analysis-Slots to smartphones: pandemic sends Australia’s gambling problem online
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MarketBeat

Flutter Entertainment plc (OTCMKTS:PDYPY) Receives Consensus Rating of "Buy" from Brokerages

Flutter Entertainment plc (OTCMKTS:PDYPY) has been assigned an average rating of "Buy" from the fifteen research firms that are covering the firm. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $13,955.00. Flutter. Entertainment operates as a sports betting and gaming company in UK, Ireland, Australia, the United States and internationally. It offers sportsbooks and exchange sports bets, daily fantasy sports products, fixed odds games betting products and online games and casinos.
Sports
Flutter Entertainment plc (OTCMKTS:PDYPY) Receives Consensus Rating of "Buy" from Brokerages
Hindustan Times

Gambling Firms Face Concerns Over Kids Playing Virtual Reality Poker

Gambling Firms Face Concerns over Kids Playing Virtual Reality Poker. One player at the table was berated with sexually explicit language. In another poker game, a player said they were in the fifth grade. Playing virtual poker where no money changes hands is not illegal in UK or US. Activists and politicians are focusing on how to regulate gateways into gambling.  Pokerstars VR makes it clear to users before entering its virtual casino that players must be 18 or older to play. It employs moderators and players can report others they suspect of being underage. The company is investing to enhance player protections.
Poker
Gambling Firms Face Concerns Over Kids Playing Virtual Reality Poker
European Gaming

In-game Gambling and Loot Boxes Market is expected to expand its roots at an average CAGR of 5.6 % between 2022 and 2032

In-game gambling and loot boxes market is expected to grow at a CAGR of 5.6% between 2022 and 2032. The valuation of the industry is projected to reach US$ 32.7 Mn by 20 32, from US $ 18.9 Mn in 2022. New trends and advancements in the sports and gaming industries are projected. Payment data security concerns may stifle the in- game gambling market share expansion. Consumer interest in online gambling platforms has increased as a result of restrictions in sporting events. Online betting is likely to be the fastest-growing market in medium term.
Industry
In-game Gambling and Loot Boxes Market is expected to expand its roots at an average CAGR of 5.6 % between 2022 and 2032
European Gaming

Global $192 Billion Online Gambling Markets, Opportunities and Strategies, 2015-2020, 2025F, 2030F

The online gambling market is fragmented with a large number of players. The top ten competitors made up to 23.15% of the total market in 2020. Flutter Entertainment plc was the largest competitor with 6.06% and bet365 Group Ltd. with 4.80%. Entain plca with 4,66%, Kindred Group plcs with 1.96%, William Hill plco with. 1,55%, 888 Holdings plcos with 0.03%, International Game Technology pl ck with -1.3%. The betting segment will gain $21,415.9 million of global annual sales by 2025. Mobile segment is expected to gain $35,462.1 million by the same year. Online gambling will grow the most in the USA at $8,453.8 million.
Industry
Global $192 Billion Online Gambling Markets, Opportunities and Strategies, 2015-2020, 2025F, 2030F
Gaming Intelligence

Evolution expands FanDuel US live casino deal

Evolution AB is expanding its relationship with FanDuel Group to serve as the operator's sole provider of live casino games in the United States. The new deal enhances a previous agreement from 2020. Fanduel will be able to offer Evolution’s games to its customers in any US state in which it operates an online casino. The two companies are already working together to create dedicated, branded live casinos in Michigan and Pennsylvania. Evolution shares were trading 2.25% higher at SEK1,144.40 per share in Stockholm Tuesday morning.
Live Gambling
Evolution expands FanDuel US live casino deal
Investopedia

2 Gambling ETFs for Q1 2022

Gambling industry in the U.S. is thriving. Revenue from traditional casino gaming, sports betting and iGaming reached $48.3 billion in first 11 months of the year. Sports gambling in particular has grown at a tremendous pace. Gambling exchange-traded funds (ETFs) provide access to a basket of stocks. The two gambling exchange traded funds that trade in U.,S., are BJK and BETZ. Both underperformed the broader market in past year, but the best-performing one is the VanEck Gaming ETF (BJK).
Finance
2 Gambling ETFs for Q1 2022
FTN News

How Did the Online Casino Industry Do in 2021

The 2020 global pandemic caused a lot of losses for some industries. However, the online gambling industry grew in terms of user acquisition and cash flow. Canada is a very gambling-friendly country. Many Canadian gamblers flocked to their favorite websites to play casino games. The industry will be able to sustain this kind of growth after the pand epidemic.
Industry
How Did the Online Casino Industry Do in 2021
Bloomberg Quint

Playtech’s $3.7 Billion Deal Continues Online Gambling Frenzy

Aristocrat offers to buy Playtech for $9.35 per share. The offer is a 58% premium to the company's last closing price on Oct. 15. Sports betting has exploded in the U.S. since 2018. DraftKings offered to acquire Entain Plc for about $22.4 billion in September. Caesars Entertainment Inc. acquired William Hill Ltd. in 2010. Flutter Entertainment Plt bought Stars Group Inc in Canada in 2020. Bally’s Corp. is in process of buying Gamesys Group Plcs.
Travel
Playtech’s $3.7 Billion Deal Continues Online Gambling Frenzy
The Daily News

Key Players are Focusing on New Product Launches, Partnerships, Collaboration, and Mergers and Acquisitions

Key Players are Focusing on New Product Launches, Partnerships, Collaboration, and Mergers and Acquisitions to stay competitive in the market place. Europe is the fastest-growing region in online casino market. The key players of online casinos include.888 Holdings PLC, Bet365 Group Ltd,Betfair Casino Ltd. and The Stars Group Inc. William Hill P Ltd are the key market players. The market is segmented on the basis of type, device type and region. Based on type the online gambling market can be divided into web-based casino, download- based online Casino, live based casino and mobile and desktop.
Industry
Key Players are Focusing on New Product Launches, Partnerships, Collaboration, and Mergers and Acquisitions
Markets Insider

Casinos And Gambling Market to grow by USD 82.09 billion

Casinos and gambling market is expected to grow by USD 82.09 billion during 2020-2024. The market growth is driven by the growing popularity of online gambling. The increasing use of social media marketing is also expected for the market's growth. Report analyzes the report by platform (Offline and Online) and geography (APAC, Europe, North America, MEA, and South America).
Industry
Casinos And Gambling Market to grow by USD 82.09 billion
WFMZ News

Online Gambling Market to grow by USD 114.21 billion

Online Gambling Market to grow by USD 114.21 billion during 2020-2024. The rising popularity of the freemium model will offer immense growth opportunities. Technavio reports offer customer landscape matrix and vendor landscape analysis.
Industry
Online Gambling Market to grow by USD 114.21 billion
Proactive

Flutter Entertainment PLC cashes in on online gambling boom

Flutter Entertainment PLC reported revenues of £1.48bn for the first quarter of 2021. Almost all of the revenues came from its online operation, which saw revenues surge 41%. US market saw particularly strong growth in the US, with revenues soaring 135%. Australia also performed well with 59% growth, while the UK expanded 35%. International revenue rose 7%. The firm said the pronounced impact from coronavirus from the middle of March last year is “likely to result in accelerated growth” for its sports betting division in second quarter 2021, but its gaming products are likely to face ‘more challenging comparatives’
Sports
Flutter Entertainment PLC cashes in on online gambling boom
Daily Mail Online

The deadly truth about betting: Gambling addicts are more likely to die early, research shows

Oxford University study shows that problem gambling is linked to early death for the first time. More than half a million Britons are spending £900 a month on their habit and 200,000 are paying out more than £1,800. A gambler who spent 30% of their income on gambling was a third more likely to die within five years than a non-gambler. Even someone gambling a tenth of income was 12% more prone to death.
Gambling Addiction
The deadly truth about betting: Gambling addicts are more likely to die early, research shows
The Motley Fool

The 3 Largest Gambling Stocks in 2020

The gambling industry is in turmoil right now, but the world of online gambling is thriving. The return of live sports has made online sports gambling a perfect outlet for those looking to scratch their gambling itch. 23 states have already legalized sports betting, with 41 expected to do so by 2022.
Sports
The 3 Largest Gambling Stocks in 2020