Flutter Entertainment (FLUT) said Monday it has grouped its brands under two segments, namely US and international.
The new grouping will be effective from Q1, and will not have any effect on consolidated financial results.
The US segment will consist of FanDuel brand, while the international segment combines Flutter's UK, Ireland, Australia and other international businesses, essentially all operations outside the US.
Flutter Entertainment shares were up nearly 3% in recent trading activity.
Price: 248.05, Change: +7.04, Percent Change: +2.92
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