US gambling market will balloon to more than $60 billion by 2030, FanDuel owner Flutter says

a $5 billion share repurchase program and projected the US online gambling market will grow by nearly 60% more than it forecast two years ago.

Flutter announced Wednesday it expects revenue to increase 14% annually to reach about $21 billion in 2027, nearly double the $11.79 billion Flutter booked in 2023. Jackson noted that with nearly 60% revenue in the most recent quarter coming from outside the US, the company's global footprint remains a key part of the growth story."The Italian acquisition, that was a transaction that we did to make sure that we became the number one player in Italy," Jackson said.

NEW YORK, NEW YORK - JUNE 05: A FanDuel sportsbook ad is seen before the game between the New York Yankees and the Minnesota Twins at Yankee Stadium on June 05, 2024 in the Bronx borough of New York City. Do you procrastinate? Do you lose your keys? Do you get frustrated at tasks? If any of those sound familiar to you, then you might have attention deficit hyperactivity disorder – at least according to posts on TikTok.NORMAN, Okla.

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