Growth OpportunitiesIndiana introduced a new effort to legalize iGaming through HB1432, which could represent a potential growth opportunity for companies like Flutter if passed.
Market LeadershipResilient market share leadership in the prized U.S. market, where healthy user acquisition & monetization, mix & scale margin tailwinds, and new state expansion underpin positive estimate momentum.
Valuation And Financial MetricsValuation remains attractive compared to historical and internet comps with the catalyst path skewed more positive, such as consensus upgrades, S&P 500 inclusion, and state expansion.