Football — the American kind — was on the minds of Flutter Entertainment leadership in their fourth-quarter earnings call. NFL results and offerings, they argued, dampened the returns of their FanDuel subsidiary.
“The second half of the NFL season saw less-compelling content,” lamented CEO Peter Jackson. He said the gridiron action engineered more churn by players but less market share for FanDuel.
“When I think about the NFL season,” Jackson mused, “there were a lot less of the key marquee players” in the postseason, driving parlay action down. Still, he observed, 10 out 11 weeks of NFL play were very favorable for FanDuel.
Still, lackluster handle was ascribed to less-popular teams making the playoffs. Of bettors, Jackson said, “they put their cues back in the rack and stopped betting.”
