Todd Shriber Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Flutter stock tumbled after the company again cut its 2026 guidance. (Image: Flutter Entertainment)Shares of FanDuel parent Flutter Entertainment fell 10% in early trading on above-average volume after the operator lowered its 2026 midpoint guidance to $2.65 billion in EBITDA and $17.91 billion in revenue—cuts of $210 million and $395 million, respectively. More Executive Turnover at FlutterFlutter also announced that CEO Peter Jackson will step down from that role and the board of directors effective Sept. 30. That unit “generated more than $9 billion of annual revenue and over $2.2 billion of adjusted EBITDA in 2025,” notes the company.