Flutter SPAC Presentation Deck
Number 1 operator in the US
1
>850¹
I
FANDUEL
2020E revenue $m
1.5x
Consistent market leader...
540-560²
DRAFT
KINGS
Flutter
3
150-160
BETMGM
Q3 2020 market share4
43%
1.7x
c. 25%
DRAFT
FANDUEL KINGS
c. 32%
Others
...with attractive returns and robust trajectory
First online operator to reach >$1bn GGR, with
c.$850m expected in net revenue¹
70%+ revenue growth in 2020 despite Covid
disruption
Average bet size, bet frequency and customer
retention rates all exceeding expectations
Overall expected 2020 contribution in NJ of
over $40m, now funding investment in
additional states5
Compelling customer economics provide clear pathway to future growth and profitability
1 Revenue guidance for FY 2020 Flutter US division as per Flutter Q3 trading update 11 November 2020. 2 Per DraftKing's 3Q 2020 earnings release on 13 November 2020.
3 Per GVC's Q3 2020 trading update on 8 October 2020. 4 Online sportsbook market share is the GGR market share of FanDuel for Q3 2020 in the states in which FanDuel was live in Q3 as per
7
Flutter's Q3 trading update on 11 November 2020. During Q3 FanDuel was live for sports betting in Colorado, Indiana, lowa, Illinois, New Jersey, Pennsylvania and West Virginia. Market share
calculations do not include Illinois due to unavailability of September data at that time. 5Refers to contribution of FanDuel NJ online sportsbook and gaming businesses.View entire presentation