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Flutter Entertainment Q1: Beating Expectations, U.S. Expansion
Published 1 day, 3 hours ago
Description
Flutter Entertainments Q1 results show strong revenue and profit, driven by international growth and U.S. product rollouts. Operating margin dipped due to these investments, but management expects improvement in the second half as loyalty programs and sports betting initiatives gain traction. Customer acquisition costs remain stable, and the company is focusing on cost savings and scaling up prediction market offerings.
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