gordondaviesmoustache
Well-Known Member
Thr respective size of litigants starts to matter a great deal less if they are both well resourced and can afford to see the litigation through. It only really matters when one side can afford better representation and/or one party has such financial dominance over the other that they can ‘lawyer up’, delay and obfuscate until the other runs out of money to carry on.Flutter, in terms revenue and cash flow, has actually not been doing exceptionally well as of late. They are just recovering free cash flow and are actually running negative net income and profit margins through last year (the former will likely be destroyed if there is another major downturn in the markets given their reliance on investment income to meet operating shortfalls). And their overall capital resources are a fraction of ADUG and our owners.
Not that I am saying we should go after them—I don’t think we should, especially not until there is an actual outcome with the charges—but I am fairly sure we (and especially our owners) could handle a legal battle with them.
Don‘t think that’s happening anytime soon.