DUBLIN, Reuters Flutter, the world39;s largest online betting company, nudged up its fullyear guidance for the second successive quarter on Tuesday after its nonU.S. brands drove betterthanexpected thirdquarter revenue growth.

While Flutter39;s growth has been transformed by a gambling boom in the nascent U.S. market, where its FanDuel unit is the market leader, core profit at its more established brands in Britain, Europe and Australia jumped by 24 to 392 million in the quarter.

That helped push up total adjusted earnings before interest, tax, depreciation and amortisation 74 to 450 million, including a 58 million profit in the U.S., versus an investmentdriven 55 million loss in the third quarter last year.

Thirdquarter group revenue of 3.25 billion was well ahead of the 3.05 billion expected by 12 analysts polled by LSEG, and up 27 yearonyear.

We39;ve got just fantastic momentum across the exU.S. business, Flutter CEO Peter Jackson told Reuters.

Flutter raised its fullyear adjusted EBITDA and revenue by 1 after a slight downgrade for Fanduel due to a run of customer friendly sports results so far this quarter that was more than offset by an upgrade everywhere else, which includes the Paddy Power, Betfair and Sportsbet brands.

It now sees 2024 core profit rising by 35 yearonyear and revenue by 22 at the midpoints of its forecast.

The Irish founded company said in September that it expects the booming U.S. market to account for almost half of an expected doubling…