文章核心观点 - 伊利诺伊州立法机构决定对持牌运营商征收博彩交易费，FanDuel将在伊利诺伊州平台上每笔投注引入0.5美元交易费，Flutter CEO对此表示失望并指出该费用可能带来的负面影响 [1][2][4] 伊利诺伊州政策及FanDuel应对 - 伊利诺伊州立法机构决定从2025年7月1日起对持牌运营商在该州所有体育博彩投注征收博彩交易费 [1] - 2024年伊利诺伊州博彩税率大幅提高，FanDuel曾努力全额承担成本未影响客户 [2] - 因伊利诺伊州交易费导致运营成本显著增加，FanDuel从2025年9月1日起将在伊利诺伊州平台每笔投注引入0.5美元交易费 [2] - 若该州未来撤销决定，FanDuel将立即取消0.5美元交易费 [3] Flutter CEO观点 - 博彩税率存在最优水平，可使运营商为客户提供最佳体验、促进市场增长和为州政府增加收入 [4] - 伊利诺伊州交易费将过度影响低投注休闲客户，惩罚在该州投资发展在线监管市场最多的运营商 [4] - 该交易费可能促使部分伊利诺伊州客户转向不受监管的运营商，这些运营商不向州政府纳税、不收取新交易费且客户保护水平低 [4] Flutter公司概况 - Flutter是全球领先的在线体育博彩和电子博彩运营商，在美国和全球处于市场领先地位 [5] - Flutter运营着包括FanDuel、Sky Betting & Gaming等在内的多元化在线体育博彩和电子博彩品牌组合 [6] - 2024财年公司全球收入140.48亿美元，同比增长19%，2025年第一季度全球收入36.65亿美元 [6]

 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFULTO DO SO Flutter announces the pricing of $1,000 million aggregate principal amount of 5.875% Senior Secured Notes due 2031, €550 million aggregate principal amount of 4.000% Senior Secured Notes due 2031 and £450 million aggregate principal amount of 6.125% Senior Secured Notes due 2031 DUBLIN and TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc ("Flutter") (NYSE:FLUT; LSE:FLTR), ...

斯坦利·德鲁肯米勒的投资动向 - 斯坦利·德鲁肯米勒管理的Duquesne Capital Management对冲基金在1986年至转型为家族办公室期间实现年均30%回报率 [1] - 2025年第一季度Duquesne家族办公室新增12个持仓并对10余个现有持仓进行增持 [3] - 重点增持标的为Flutter Entertainment、Docusign和台积电 [4] 台积电(TSMC) - 2025年Q1持仓量激增457%至491,265股 3月末市盈率低于22倍 [6][7] - Q1营收同比增长41.6% 每股收益飙升60% 超出华尔街预期 [8] - 最大客户英伟达的终端客户微软季度资本支出同比增53%至年化670亿美元 合同积压达3150亿美元 [10] - 尽管Q1销售额环比略降 但主要客户的资本支出指引显示晶圆代工需求足以支撑温和增长 [9] Flutter Entertainment - Q1新增超100万股持仓 成为投资组合第11大持仓 [11] - 旗下FanDuel品牌3月末月活用户达430万 同比增长11% 占美国体育博彩市场43%份额 [11] - 通过体育博彩业务带动iGaming业务发展 美国iGaming用户突破100万 [12] - 美国iGaming业务Q1营收4.72亿美元 同比增长32% 占公司总营收28% [12][13] Docusign - Q1新建8700万美元仓位 成为组合第10大持仓 [14] - 订阅收入占总营收97% Q1营收同比增长7% [14] - 毛利率78.9% 自由现金流2.321亿美元 占营收比例达33% [15] - 尽管面临电子签名业务同质化竞争 用户对协议长期管理的需求推动收入持续增长 [16]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO DUBLIN and TORONTO, May 21, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), today announced the launch of an offering (the “Offering”) of USD-denominated senior secured notes due 2031, EUR-denominated senior secured notes due 2031 and GBP-denominated senior secured notes due 2031 (collectively, the “Notes”) by its subsidiary Flutter Treasury DAC (the “I ...

Flutter Entertainment PLC NYSE: FLUT, which many U.S. investors know as the parent company of the sports betting site FanDuel, announced its quarterly earnings on May 7. The company missed on the top and bottom lines. Earnings per share (EPS) of $1.59 missed estimates of $1.89. Revenue of $3.67 billion came in light of expectations for $3.84 billion. Flutter Entertainment TodayFLUTFlutter Entertainment$241.41 -0.95 (-0.39%) 52-Week Range$174.03▼$299.73P/E Ratio1,097.31Price Target$306.28Add to WatchlistFLU ...

I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...

Flutter Entertainment plc announces launch of third tranche of share repurchase program DUBLIN and TORONTO and NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces that it has entered into non-discretionary arrangements with Davy Securities Unlimited Company to repurchase ordinary shares on Flutter’s behalf for an aggregate maximum consideration of up to $225 million on the New York S ...

Flutter Entertainment (FLUT) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Paul Tymms - Group Director - IR & FPAPeter Jackson - CEORob Coldrake - Chief Financial OfficerJed Kelly - Managing Director - Equity ResearchBen Shelley - DirectorClark Lampen - Managing DirectorMonique Pollard - Director - Equity ResearchBarry Jonas - Managing DirectorJohn Decree - Director - Equity ResearchAdrien de Saint Hilaire - DirectorRobin Farley - Managing Director Conference Call Participants Ed Young ...

Flutter Entertainment Reports First Quarter 2025 Financial Results DUBLIN and TORONTO and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world’s leading online sports betting and iGaming operator today announces Q1 results, and updates 2025 guidance. Flutter has today issued a letter to shareholders along with a press release announcing the financial results for the quarter ended March 31, 2025. A copy of the letter is enclosed, and both the letter a ...

Flutter Entertainment Reports First Quarter 2025 Financial ResultsDUBLIN and TORONTO and NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, announces Q1 results, and updates 2025 guidance. A letter to shareholders has also been published on the Group's website at www.flutter.com/investors Key financial highlights: In $ millions except where stated otherwiseThree months ended March 31,20252024YOY Average m ...