Gambling
How Flutter grew from Paddy Power origins to US powerhouse
It was an all-American show when Flutter listed on the New York Stock Exchange in January.
A marching band, led by the four-time Super Bowl winner Rob Gronkowski, stomped through lower Manhattan and across an artificial NFL pitch rolled out on Wall Street. Peter Jackson, Flutter’s chief executive, rang the opening bell amid a blizzard of confetti.
Flutter, which began life as Paddy Power, was firmly planting its flag in American soil.
Following a shareholder vote this month, Flutter will move its primary listing from London to New York by the end of this month. The company has already withdrawn from Euronext and will automatically be delisted from the FTSE 100 in yet another blow to both exchanges. It has been a long time
Continue Reading