Q: Hi 5i Team - Could you provide an update on Flutter Entertainment including your opinion on purchasing it at its recent price. Also you mentioned in a previous answer in May that the passing of a progressive tax on online sports betting in the Illinois senate was bringing the sector down. Do you think this is still a concern for Flutter and that other states may follow suit.
Also any idea on when Fan Duel might be spun out. My understanding is that shareholders will not receive shares in Fan Duel. Is this correct.
Thanks.
Also any idea on when Fan Duel might be spun out. My understanding is that shareholders will not receive shares in Fan Duel. Is this correct.
Thanks.