Here are my thoughts on the US market, how it’s difficult for small players to enter the market, and how the US differs from the European market:
https://keskustelut.inderes.fi/t/draftkings-fantasy-sports-vedonlyonnin-duopoli-haltuun/46900/11?u=lappuliisa
Superb football results for the operator:
https://keskustelut.inderes.fi/t/betsson-rahapelialan-arvo-osake/28025/87?u=lappuliisa
In the US, this quarter has been excellent, e.g., in NY an 11.7% hold rate vs a 10.43% average last year. Flutter is heading towards a record Q2 result, but it’s not reflected in the share price. I’m not saying the share price should rise +30% based on one quarter. What’s more important is that investor prejudices and pessimism fade away. That could send the share price skyrocketing by any amount.
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