Flutter Entertainment to Delist from London Stock Exchange

Paddy Power owner Flutter Entertainment has announced its decision to delist its shares from the London Stock Exchange. The move will see the gambling giant consolidate its primary listing elsewhere.

12 Jun, 07:25 — 12 Jun, 09:00

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Why this matters

This decision by Flutter Entertainment, a major gambling group, highlights a growing trend of companies opting for primary listings outside London, particularly in the US. It raises concerns about the competitiveness and attractiveness of the UK stock market for large international businesses.

Key entitiesFlutter Entertainment London Stock Exchange New York Stock Exchange Paddy Power Betfair

The Story

What 2 sources agree on, dispute, and miss

What sources agree on

Flutter Entertainment will delist from the London Stock Exchange
Flutter Entertainment owns Paddy Power and Betfair
The company will focus its primary listing on the New York Stock Exchange

Key claims2 agreed · 1 unverified

✓

Flutter Entertainment will delist from the London Stock Exchange

agreed·seeking-alphaThe Guardian

✓

Flutter Entertainment owns Paddy Power and Betfair

agreed·The Guardian

The delisting is a 'latest high-profile blow to UK stock market'

unverified·The Guardian

Coverage gaps

The delisting is described as a 'latest high-profile blow to UK stock market'

ReportedThe Guardian

Missingseeking-alpha

The Story

Analyzing sources…

Source Diversity

Moderate (32/100)

2 sources— more sources would strengthen this score15/33

Spectrum spread— 2/5 buckets covered8/33

Far L1

Far Left (1)

The Guardian

Left

Center

Right1

Right (1)

seeking-alpha

Far R

Geographic diversity— 2 regions9/34

US1UK1

ℹOnly 2 sources cover this story

Sources

Showing 2 of 2 sources

The GuardianMostly Factual11d ago

Paddy Power owner Flutter to scrap listing on London Stock Exchange

Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market Business live – latest updates The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in yet another blow for the UK’s shrinking stock market. Flutter Entertainment, the world’s largest online betting company, told investors that it will cancel its London shares on 3 August, blaming low levels of trading in the stock and high cos...

By Lauren Almeida

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seeking-alphaMixed11d ago