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    FLTR   IE00BWT6H894

FLUTTER ENTERTAINMENT PLC

(FLTR)
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Flutter Entertainment : FanDuel Casino Launches Standalone Product in New Jersey, Adds Live Dealer Game in Michigan

07/29/2021 | 07:17am EDT

FANDUEL CASINO LAUNCHES STANDALONE PRODUCT IN NEW JERSEY, ADDS LIVE DEALER GAMES

IN MICHIGAN

FanDuel Casino Now Available in NJ, PA, MI, and WV

LONDON, July 29, 2021 - FanDuel Group, part of Flutter Entertainment plc, is expanding its FanDuel

Casino offerings in New Jersey and Michigan. FanDuel Group announced earlier this week the official launch of its FanDuel branded, standalone FanDuel Casino product in New Jersey on iOS, Android, and desktop. In Michigan, FanDuel Casino customers can now enjoy live dealer games from Evolution.

FanDuel Casino was initially offered exclusively within the FanDuel Sportsbook app in New Jersey. With the addition of the standalone FanDuel Casino product, customers living in or visiting New Jersey now have a dedicated online casino experience that is secure, legal, and fully regulated. The standalone FanDuel Casino app will feature casino game staples like blackjack, roulette, video poker, and a multitude of recognizable slots and fan favourite games from the casino floor. FanDuel Casino will still be available within the FanDuel Sportsbook app, and new casino players can either signup for a Casino account or use their existing FanDuel Fantasy or Sportsbook account to login and play.

FanDuel Casino is also expanding in Michigan. FanDuel Casino has added live dealer blackjack, roulette, and baccarat games for customers living in and visiting the state of Michigan. The live casino games launched last Thursday, after approval from the Michigan Gaming Control Board. Live dealer casino games give players the social interaction of a casino with the convenience of playing from home.

FanDuel Casino is available today on iOS, Android, and desktop in New Jersey, Pennsylvania, Michigan, and West Virginia.

For further information, please contact: communications@flutter.com

About Flutter Entertainment plc:

Flutter Entertainment plc (the "Group") is a global sports-betting and gaming company reporting as four divisions:

UK & Ireland: includes Sky Betting and Gaming, Paddy Power and Betfair brands offering a diverse range of sportsbook, exchange and gaming services across the UK and Ireland, along with over 600 Paddy Power betting shops in the UK and Ireland.

Australia: the Sportsbet brand offers online sport betting and is the Australian market leader.

International: includes PokerStars, Adjarabet, Betfair and Junglee operating in multiple jurisdictions around the world offering a diverse range of sportsbook, exchange and gaming services.

US: includes FanDuel, TVG, Stardust, FOX Bet and PokerStars brands, offering regulated real money and free- toplay sports betting, online gaming, daily fantasy sports and online racing wagering products to customers across various states in the US.

Disclaimer

Flutter Entertainment plc published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 11:16:13 UTC.


ę Publicnow 2021
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Financials
Sales 2021 7 090 M 8 308 M 8 308 M
Net income 2021 308 M 361 M 361 M
Net Debt 2021 2 817 M 3 301 M 3 301 M
P/E ratio 2021 47,1x
Yield 2021 0,18%
Capitalization 31 553 M 36 948 M 36 974 M
EV / Sales 2021 4,85x
EV / Sales 2022 4,30x
Nbr of Employees 14 802
Free-Float 95,7%
Chart FLUTTER ENTERTAINMENT PLC
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Technical analysis trends FLUTTER ENTERTAINMENT PLC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 180,20 €
Average target price 238,94 €
Spread / Average Target 32,6%
EPS Revisions
Managers and Directors
Jeremy Peter Jackson Chief Executive Officer & Director
Jonathan Stanley Hill Chief Financial Officer & Director
Gary W. McGann Non-Executive Chairman
Zillah Ellen Byng-Thorne Independent Non-Executive Director
Michael Cawley Independent Non-Executive Director
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