Flutter Entertainment, owner of brands including Paddy Power, Betfair and Sky Bet, is set to exit its London Stock Exchange listing. Multiple outlets report that the company will cancel its London shares in August after previously changing its primary listing to New York in May 2024. The Guardian and others say Flutter cites low levels of trading in London and the costs of maintaining the listing as key reasons for the move. The Guardian reports a specific cancellation date of 3 August, while other coverage broadly confirms August delisting. The decision is described across outlets as another example of major companies reducing or ending their London listings, adding to concerns about the size of the UK stock market. Reuters, the Financial Times and other summaries in the provided material frame the delisting as a further blow to London’s financial markets, though they do not dispute Flutter’s stated rationale. Overall, the reporting agrees on the company, the London exit, the earlier shift of primary listing to New York, and the August timing of the delisting.
Flutter Entertainment to delist from London Stock Exchange after shifting primary listing
Flutter Entertainment, owner of brands including Paddy Power, Betfair and Sky Bet, is set to exit its London Stock Exchange listing. Multiple outlets report that the company will cancel its London sha...
- Flutter Entertainment, which owns Paddy Power, Betfair and Sky Bet, is delisting from the London Stock Exchange.
- Flutter previously moved its primary listing to New York in May 2024.
- The company says it will cancel its London shares in August; one report specifies 3 August.
- Reported reasons include low trading activity in London and the cost of maintaining the listing.
- The move is portrayed by outlets as part of a broader reduction in major companies’ London market presence.
Flutter to quit London in latest blow to UK market Financial TimesPaddy Power owner Flutter to scrap listing on London Stock Exchange The GuardianPaddy Power, Betfair and Sky Bet owner Flutter Entertainment to delist from the London Stock Exchange Racing PostBetting giant Flutter's London exit deals another blow to UK markets ReutersPaddy Power owner ditches London stock market listing The Times
3 months agoThe gambling giant will now fully concentrate on the New York market
3 months agoPaddy Power, Betfair and Sky Bet owner Flutter Entertainment to delist from the London Stock Exchange Racing PostFlutter to quit London in latest blow to UK market Financial TimesPaddy Power owner Flutter to scrap listing on London Stock Exchange The GuardianPaddy Power owner ditches London stock market listing The TimesPaddy Power owner to abandon London Stock Exchange The Telegraph
3 months agoFlutter Entertainment, which switched its primary listing to New York in May 2024, said it would delist from the London Stock Exchange in August.
3 months agoFlutter Entertainment, which switched its primary listing to New York in May 2024, said it would delist from the London Stock Exchange in August.
3 months agoGambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock marketBusiness live – latest updatesThe gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in another blow for the UK’s shrinking stock market.Flutter Entertainment, the world’s largest online betting company, told investors that it would cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs. Continue reading...
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