FanDuel Expands to Vermont, Marking Flutter’s 21st US State for Mobile Sports Betting

15.01.2024

Flutter’s FanDuel, a leader in North American sports betting and gaming, has officially expanded its reach to Vermont, aligning with the state’s recent legalization of sports betting.

Vermont Set to Launch Mobile Sports Betting in Early 2024

This strategic move positions Vermont as the 21st state in FanDuel’s growing portfolio of mobile sports betting markets across the US.

FanDuel’s Strategic Expansion in the US

With this expansion, FanDuel continues to strengthen its presence in the US, adding Vermont to its list of operational states, which includes prominent markets like New York, New Jersey, Illinois, and Pennsylvania.

This growth reflects FanDuel’s commitment to leveraging opportunities in the evolving US sports betting landscape.

Flutter’s Focus on the US Market

Flutter Entertainment, the parent company of FanDuel, is intensifying its engagement with the US market.

This expansion comes ahead of Flutter’s additional listing on the New York Stock Exchange, scheduled for January 29. FanDuel’s leading position in the US provides Flutter with a substantial platform to enhance its visibility and attract US investors.

Our Comment on the Article

FanDuel’s expansion into Vermont represents a significant milestone for Flutter Entertainment in its quest to dominate the US sports betting market. This move not only capitalizes on the growing acceptance and legalization of sports betting in the US but also strategically positions FanDuel to further solidify its market leadership.

As the US sports betting sector continues to mature, FanDuel’s expansion into new states like Vermont is indicative of the dynamic nature of the industry and the significant potential for growth. Flutter’s upcoming listing on the New York Stock Exchange is poised to further elevate its profile among US investors, underlining the importance of strategic market expansions in building investor confidence and enhancing corporate visibility.