Published • loading... • Updated
Betting giant Flutter's London exit deals another blow to UK markets
Flutter cited low trading volumes and regulatory costs in London as it keeps its ordinary shares listed on the New York Stock Exchange.
- On Friday, Flutter Entertainment announced it will delist from the London Stock Exchange on Monday August 3, while maintaining its primary listing on the New York Stock Exchange.
- The betting giant cited low trading volumes and regulatory costs in London for the decision, which follows a review of its listing structures begun last month.
- Flutter reported $4.3bn in revenue for the first three months of 2026, with the FanDuel brand accounting for about 42% of sales and holding a 39% market share.
- The delisting joins other major exits from the LSE, including construction firm CRH and drugmaker Indivior, dealing a fresh blow to London's financial markets.
- Flutter continues ramping up its NYSE focus, viewing this summer's Fifa World Cup as a 'great opportunity' following management changes at FanDuel amid tough US market conditions.
Insights by Ground AI
19 Articles
19 Articles
Evening Standard+2 Reposted by 2 other sources
Paddy Power firm Flutter to ditch London stock market listing
The gambling giant said it will focus on the New York market.
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources19
Leaning Left3Leaning Right1Center6Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
Factuality
To view factuality data please Upgrade to Premium
