UK gambling firms told to slow down slot machines in new crackdown
2nd Feb 2021 08:37
(Sharecast News) - UK gambling firms have been told to slow down spin speeds on online games as part of a package of strict safety measures by the Gambling Commission.
Read moreFlutter unexpectedly loses Kentucky legal case
18th Dec 2020 09:16
(Sharecast News) - Bookmaker Flutter has unexpectedly lost a Kentucky legal case relating to a 2015 judgment against The Stars Group, which was subsequently acquired by the group.
Read moreFlutter Entertainment raises £1.1bn in placing to up stake in FanDuel
4th Dec 2020 07:36
(Sharecast News) - Paddy Power Betfair owner Flutter Entertainment said on Friday that it has raised around £1.1bn in a share placing to help fund the acquisition of a further stake in US gaming company FanDuel.
Read moreFlutter Entertainment surges as it ups stake in FanDuel
3rd Dec 2020 12:38
(Sharecast News) - Flutter Entertainment shares surged after the Paddy Power Betfair owner said it had agreed to buy the entire 37.2% interest in US gaming company FanDuel currently held by Fastball Holdings - a consortium led by private equity group KKR - for $4.18bn (£3.13bn).
Read moreFriday broker round-up
13th Nov 2020 13:50
(Sharecast News) - HSS Hire Group: Liberum upgrades to hold with a target price of 20p.
Read moreFlutter upgrades non-US guidance but sees bigger US loss
11th Nov 2020 07:37
(Sharecast News) - Flutter upgraded its earnings forecast for business outside the US but said the loss at its American gambling operation would be bigger than expected after it spent to acquire customers.
Read morePeel Hunt downgrades Flutter Entertainment due to expected Covid-19 impact
10th Nov 2020 12:10
(Sharecast News) - Analysts at Peel Hunt downgraded their recommendation for shares of Flutter Entertainment following the shares' recent strong performance and after marking down its estimates for the sports betting gambling firm's earnings in 2021.
Read moreMonday broker round-up
14th Sep 2020 13:49
(Sharecast News) - Redcentric: Canaccord initiates buy with a target price of 195.0p.
Read moreFlutter Entertainment posts better than expected first half performance
27th Aug 2020 07:14
(Sharecast News) - Flutter Entertainment posted a better-than-expected financial performance for the first half of the year despite the Covid-19 pandemic, which reduced sports revenues in the UK and Ireland.
Read moreBerenberg raises target price on Flutter Entertainment but stays at 'hold'
7th Aug 2020 10:28
(Sharecast News) - Analysts at Berenberg hiked their target price on bookmaker Flutter Entertainment from 7,000.0p to 10,400.0p on Friday but said they were still "sitting on the bench" when it came to the stock for now as their 'hold' rating was reiterated.
Read moreDeutsche Bank anticipates 'exceptionally strong' first half for 888
23rd Jun 2020 14:35
(Sharecast News) - Deutsche Bank analysts upped their target price for shares of 888 Holdings citing the "extremely strong" momentum observed seen over the start of the year, updates from rivals and data on its own markets.
Read moreWilliam Hill, Flutter shares fall as California sports betting bill pulled
23rd Jun 2020 09:30
(Sharecast News) - Bookmakers were under pressure on Tuesday after the state of California pulled a bill that would have legalised sports betting in person and online.
Read moreFlutter raises £800m to cut debt and expand in US
29th May 2020 07:02
(Sharecast News) - Flutter Entertainment has raised more than £800m in a share placing to reduce debt and be ready to expand its US business in the wake of the coronavirus crisis.
Read moreFlutter Entertainment Q2 revenues rise; 8m share placing announced
28th May 2020 18:49
(Sharecast News) - Flutter Entertainment on Thursday announced an equity placing to help accelerate its US strategy, as it posted a jump in second-quarter revenue thanks to a solid performance from its online gambling segment.
Read moreWednesday broker round-up
6th May 2020 13:16
(Sharecast News) - Hiscox: Jefferies upgrades to buy with a target price of 850p.
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