As global markets teeter under inflation and recession fears, investors are increasingly eyeing sectors with stable, digital-first models. Online gambling is emerging as a standout, and Flutter Entertainment, parent of FanDuel, is leading the pack.
According to investment firm Stifel, Flutter is “best-in-class” among gaming stocks, thanks to its diversified portfolio, strong U.S. momentum, and proven operational discipline. The company’s U.S. business alone generated £3.06 billion ($3.9 billion) in revenue in 2023, a 38% year-over-year growth, solidifying its position as the dominant player in the American market.
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Why does this matter? In economic slowdowns, entertainment spending shifts toward affordable, digital options. Flutter’s FanDuel capitalizes on this trend by offering sports betting, casino games, and daily fantasy—all highly engaging, low-barrier products.
Meanwhile, Flutter’s EBITDA margins and market share gains offer institutional investors a predictable growth story in an unpredictable macro environment. Its global presence, including operations in the UK, Ireland, Australia, and the U.S., makes it less vulnerable to local downturns.
While other sectors contract, online gambling continues to attract users and revenue. With regulatory expansion across U.S. states and increasing smartphone penetration, the runway is long.
