Flutter shares tumble as Paddy Power owner misses forecasts Media Shares in Flutter Entertainment fell sharply after the Paddy Power parent missed expectations across key measures and issued softer-than-expected guidance, adding to concerns about the outlook for the US sports betting market. The New York-listed group saw its stock drop almost seven per cent in extended trading after reporting fourth-quarter revenue of $4.74bn (£3.52bn), below [...]
Can Super League use Las Vegas and NRL to turbocharge English rugby league? Sport Business The Super League is venturing to Las Vegas to piggyback on the NRL. But can it help to turbocharge rugby league in England? “It’s fantastic, I’ve watched a couple of the games. They’re proper hard players, and maybe they deserve that little bit more publicity. They’re spreading the word.” Those were the thoughts of Manchester [...]