10 Best Sin Stocks to Invest in 2025

2. Flutter Entertainment plc (NYSE:FLUT)

Number of Hedge Fund Holders: 69

Flutter Entertainment plc (NYSE:FLUT) is an online sports betting and gambling company. As the parent company of the world’s biggest and most popular sports betting and gaming brands, it owns and operates brands such as FanDuel, Betfair, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, and MaxBet. Flutter Entertainment plc (NYSE:FLUT) is one of the best sin stocks to buy in 2025 according to hedge funds.

In the third quarter of 2024, the company reported that revenue surged by 27% year-over-year to $3.25 billion. The average monthly players also increased by 16%. Notably, Flutter Entertainment plc’s (NYSE:FLUT) US operations saw impressive growth driven by a successful start to the NFL season and new product launches. In the US segment, revenue was up 51% year-over-year and the average monthly players grew 28%.

The company is strategically focused on expanding its market share by investing in leadership positions in international markets. In September 2024, Flutter Entertainment plc (NYSE:FLUT) announced the acquisition of an initial 56% stake in NSX Group, a Brazilian operator. Flutter Entertainment plc (NYSE:FLUT) expects Brazil to fully regulate its online sports betting and iGaming market in 2025. Additionally, in September 2024, Flutter Entertainment plc (NYSE:FLUT) agreed to acquire Snai, one of Italy’s leading omni-channel operators, for EUR 2.3 billion. Italy is one of the largest gambling markets in Europe. The company expects the transaction to conclude by the second quarter of 2025 and it is expected to be immediately accretive to earnings.