Seeing as FanDuel could potentially IPO in the United States, their parent company Flutter traded in UK could see more rise maybe. What do ya'll think, surprised by the revenue number compared to DraftKings. Much higher market cap, but they have less users and revenue. Seems like it's all marketing. Always thought DraftKings won the US market with all the ads, but seems like a trick. In addition, I just think with more and more states legalizing sports gambling, it becomes an even bigger market than ever. Once California and Texas legalizes it, i can only imagine how much revenue growth we can see. https://www.forbes.com/sites/joecornell/2021/03/22/flutter-entertainment-to-explore-partial-initial-public-offering-for-fanduel-in-the-us/?sh=10197dd01fdb #personalfinance #investments #draftkings #fanduel
I have no idea. What do I know about some weird UK based gambling company?