SectorWire
SearchRegister
MenuClose

FanDuel reports 51% US sports betting net revenue share in Q4 2023

Results

FanDuel reported a 51% share of US sports betting net revenue in the fourth quarter of 2023, based on company figures. Its gross revenue share was 43%, while Flutter reported US quarterly net revenue of £1.14 billion. Flutter said customer-friendly sports results reduced gross revenue by $343 million against its expectations.

Investors and competitors can assess FanDuel’s reported market share alongside Flutter’s quarterly US revenue.

End-of-day close Flutter (FLUT), USD, to 1 March 2024
Story date4 December 20231 March 2024

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

Request a correction

Flag an issue

Keep reading

Business

DraftKings faces estimated $50m World Cup group-stage betting losses

DraftKings lost as much as $50 million during the 2026 World Cup group stage, according to estimates from Bank of America reported in the report. Flutter also reported that British customers won €4.1 million on England’s 4-2 victory over Croatia, while a goalless England-Ghana draw more than offset those losses, the company said. The article attributed the figures to analysts and company statements.

Continue reading