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Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday.

The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion.

Flutter owns the dominant U.S. sportsbook FanDuel, and FanDuel's holding a winning hand.

Its U.S. revenue for the quarter of $1.79 billion came in slightly higher than expectations, and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, was nearly $100 million higher than analyst consensus.

June was especially

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