Flutter expects full-year earnings excluding the nascent U.S. market to be at the bottom of its previously forecast range, the world's largest online betting company said on Thursday, as it reported an 8% year-on-year rise in third-quarter revenues. Flutter said in August it expected full-year adjusted ex-U.S. core profit to rise to 1.44-1.6 billion pounds ($1.77-1.97 billion). The Paddy Power, Betfair and Fanduel owner became the first online betting operator to turn a profit in the U.S in the first half and said on Thursday that, despite ongoing investment there, it expects full-year U.S. earnings of 140 million pounds versus its previous 90-190 million pound estimate.
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