Flutter Entertainment plc, a leading player in the sports and non-sports betting sector in Ireland, has received a Buy rating from UBS.

The company's revenue is primarily generated from sports betting management, which accounts for 55.8% of its net turnover. This includes activities such as horse and dog racing, soccer, rugby, and golf tournaments.

Non-sports betting management, which includes casino games, lotteries, and bingo, contributes 39.2% to the company's revenue. The remaining 5% comes from other activities.

In terms of geographical distribution, Flutter has a diversified net turnover. The United States is the largest contributor at 37.2%, followed by the United Kingdom at 23.2%, Australia at 12.3%, Italy at 11.5%, and other regions at 13.2%. This distribution highlights Flutter's strong presence in key international markets, positioning it favorably within the competitive landscape of the betting industry.