Financial PerformanceAnalyst reiterates a Buy rating with an increased target price, reflecting confidence in the company's revenue and EBITDA growth, particularly in the US market, supported by strong year-to-date trading and expectations for continued robust financial performance.
Market Share GrowthFanduel has achieved a 26% market share for iGaming and is expected to maintain leadership with high cross-sell from sports betting, indicating potential for future market share growth.
Stock Market ListingFlutter shareholders voted in favour of a primary US listing, with London becoming the secondary listing, which is expected to provide access to a wider investor base and increase liquidity in the stock.