Flutter Entertainment plc, a well-known company in the betting industry in Ireland, has received a positive outlook from UBS.

The company generates most of its revenue from sports betting, which includes horse and dog racing, soccer, rugby, and golf tournaments. Non-sports betting, such as casino games, lotteries, and bingo, also contributes to their sales.

Flutter's sales are distributed across different regions, with a significant presence in the United States, followed by the United Kingdom, Australia, Italy, and other regions. This diverse geographical footprint highlights Flutter's strategic positioning in the global betting market.