Flutter CEO Says Prediction Market Product Was Not In Great Shape Earlier This Year, Have Made Big Improvements; Feel Good About Long Term Prospects Of New Sports Betting State Openings In U.S., But It Will Be Spiky
Very confident in our ability to deleverage over next 12-18 months towards our target rangeCompany is not financially constrained, citing new refinancing; very comfortable in financial position – Reuters
Flutter's prediction market tool had problems earlier but is improving now. The company feels strong financially and expects bumpy but good growth ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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