Wall Street analysts pressed Flutter Entertainment’s top executives for specifics they couldn’t – or wouldn’t – give during an occasionally tense fourth quarter earnings call on March 4.
Fourth-quarter sports betting handle was “broadly as anticipated,” said Chief Financial Officer Rob Coldrake, as wagering grew 12% in the face of FanDuel-unfavorable NFL outcomes. “2025 started really well,” Coldrake continued. “We don’t really obsess about handle,” as it could be inflated by promotions and parlays.
When another analyst revisited the topic, Coldrake reiterated his point. “We’re happy with where handle is trending,” he added.
As for hold percentages, Coldrake refused to offer specific guidance but said Flutter was making good progress toward its long-term goals.