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
4 weeks agoThe gambling giant will now fully concentrate on the New York market
4 weeks 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
4 weeks agoFlutter Entertainment, which switched its primary listing to New York in May 2024, said it would delist from the London Stock Exchange in August.
4 weeks agoFlutter Entertainment, which switched its primary listing to New York in May 2024, said it would delist from the London Stock Exchange in August.
4 weeks ago
US issues new Iran-related sanctions amid rising regional conflict
The United States announces fresh sanctions tied to Iran as tensions and conflict in the region continue to flare, accor...
Cuba signals internal unity after Raul Castro’s grandson offers to negotiate with the US
Cuba presents a message of internal cohesion after Raul Castro’s grandson offers to explore negotiations with the United...
China tells refiners to keep fuel output high amid renewed Iran supply risks
China instructs some major refiners to maintain high fuel production to protect domestic supplies, according to people f...