Billionaire Stephen Mandel’s 10 Stocks with Huge Upside Potential

8. Flutter Entertainment plc (NYSE:FLUT)

% holding in portfolio: 1.08%

Upside Potential: 36.81%

An Ireland-based company, Flutter Entertainment plc (NYSE:FLUT) is a global leader in sports betting, gaming, and entertainment. The company operates through brands such as FanDuel, Betfair, and PokerStars. With a diversified geographic presence across North America, the UK, Australia, and Europe, the company challenges its peers, including DraftKings, Entain, and BetMGM. Its superior brand recognition and proprietary technology platforms give it a competitive edge. Flutter Entertainment plc (NYSE:FLUT) captures growing demand in regulated betting markets by using its omni-channel strategy to drive customer engagement.

At 1.08% of his portfolio, Stephen Mandel’s investment in Flutter Entertainment plc (NYSE:FLUT) signifies confidence in the company’s growth possibilities. The company reported a strong financial performance in 2024, registering a growth in revenue of 19%. Its sports betting and iGaming business has also flourished over the years, each earning 43% and 26% market share, respectively, thus strengthening the company’s leadership position in the U.S. The company is en route to achieving its goals for 2027, including $300 million in annualized cost savings. For 2025, the company anticipates revenue between $15.48 billion and $16.38 billion, up from $14.05 billion in 2024.

Analysts have estimated an upside potential of 36.81%, suggesting an explosive opportunity for investors looking for the best billionaire gaming and entertainment stocks to back up their portfolios.