DUBLIN, March 26 Reuters Online betting giant Flutter expects its core profit to jump by around 30 this year thanks to a fourfold increase at its fastgrowing and market leading U.S. brand Fanduel, the world39;s largest online betting company said on Tuesday.

Flutter expects U.S. core profit of 635 million to 785 million versus last year39;s 167 million, which represented its first full year of profitability in the United States where a ban on sports betting was lifted in 2018.

It expects core profit of 1.63 billion to 1.83 billion in its others markets, which include the Paddy Power, Betfair and Sportsbet brands in the UK and Australia. That compares to 1.71 billion in 2023, which Flutter said was in line with its guidance.

Reporting by Padraic Halpin; editing by Jason Neely

Source Reuters