Report
Flutter's new CEO bets on FanDuel promotions as profits suffer
FanDuel's parent reported a third-quarter adjusted loss of 18 cents a share on $3.9 billion in revenue.
TLDR
Flutter, FanDuel's parent, reported $3.9 billion in third-quarter revenue and an adjusted loss of 18 cents a share. Its new CEO is betting on FanDuel promotions to win customers as profits suffer.
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