Janice R. Andrews
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Flutter Entertainment has upgraded its 2024 financial projections for the second straight quarter, buoyed by exceptional performance in its international operations. The leading online gambling operator’s third-quarter revenue exceeded market expectations, with particularly strong results from its non-U.S. divisions. In response, the company has lifted both its adjusted EBITDA and revenue guidance for 2024 by 1%. Based on the revised outlook’s midpoint, Flutter anticipates a 35% year-over-year increase in core profit and 22% growth in revenue. These improved projections highlight Flutter’s successful diversification strategy beyond the U.S. market, demonstrating the company’s robust position across global territories.
