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Markets: Standard Chartered, Flutter and miners drag on FTSE 100

The FTSE 100 is down this morning, weighed on by Paddy Power owner Flutter and Asia-focussed bank StanChart.

The blue-chip FTSE 100 index eased 0.5 per cent after closing at fresh. | November 2, 2021 ....

United States , Paddy Power , Rio Tinto , Anglo American , Flutter Entertainment Plc Stock Exchange , Press Release , It Fltr Ie00bwt6h894 ,

Flutter's bet on booming US market bears fruit, earnings jump

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DUBLIN (Reuters) - Paddy Power, Betfair and Poker Stars owner Flutter Entertainment posted a 23% rise in like-for-like earnings for 2020 as it maintained its leading position in a booming U.S. market that it said could grow to twice the size previously estimated.
The United States is seen as the next big growth market after a ban on sports betting was lifted in 2018. Flutter, which maintained its 40% share of the market there, expects more than 14 billion pounds worth of business to be up for grabs by 2025 as more states than previously anticipated open up.
The world s largest online betting group on Tuesday said its revenues in the U.S. exceeded those of its two nearest competitors combined, including biggest rival Draftkings Inc. ....

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