Flutter Stock Could Be Fantastic Thanks to FanDuel

Flutter Entertainment (OTC: PDYPY) is based in Dublin and its stock trades in London. But analysts and professional investors believe the gaming company’s US exposure can support more upside in the shares.The bulk of the operator’s US footprint is attributable to its 95% stake in FanDuel. Boyd Gaming (NYSE: BYD) owns the other 5%. FanDuel is a Goliath, controlling roughly 50% of the market. That’s more than its two closest rivals combined in the US sports wagering landscape.The company, which offers sports betting in 17 states, was the first in the US to turn in a profitable quarter and is on pace to do the same annually this year.