Flutter Entertainment Boosts Guidance After Stellar Q2

FanDuel parent reports significant revenue growth and shifts focus to the U.S. market.

Flutter's Q2 revenue jumped 20% year-over-year to $3.61 billion, surpassing expectations.
Net income soared to $297 million, more than quadrupling from the previous year.
The company raised its full-year revenue projections for both U.S. and international markets.
Flutter moved its headquarters and primary stock listing to New York, reflecting its U.S. market focus.
DraftKings dropped plans for a surcharge following Flutter's decision not to implement one.