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As lockdowns ease, an investment in physical gaming venues could be just what Flutter needs. It snapped up PokerStars, the online poker cardroom, a few years ago to get a hold of gamblers transitioning from physical to digital. It’s already captured over 45% of the country’s online sportsbook market. If anything, they may be the perfect venue to transform new online gamblers into repeat customers. When the biggest casino operator on the planet moves out of its namesake hometown, you know there’s a storm a-brewing. The casino operator also sold its entire Las Vegas portfolio back in March for $6.3bn.

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