0752 GMT - Flutter Entertainment is well-placed to benefit from the evolving regulatory environment, Jefferies analyst James Wheatcroft writes in a note. Prediction markets--which are exchange markets where people can bet on event outcomes--are likely to accelerate a legal push, he says. This could lead either toward their own legalization, expanded online sports-betting regulation, or both. The U.S. bank expects online sports-betting to remain attractive when offered alongside prediction markets. The future prospects of the parent company of FanDuel and other gaming and gambling brands look positive given its leadership in both online sports-betting and prediction markets, he says. Shares closed on Tuesday at $237.89. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
October 08, 2025 03:53 ET (07:53 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.