Flutter Entertainment shareholders approve New York relocation

Flutter Entertainment is set to relocate its primary listing to the New York Stock Exchange (NYSE) after 98 per cent of its shareholders backed the move.

Flutter is a major gambling operator that owns heavyweight brands including Paddy Power, Betfair, Sky Bet, Poker Stars, and Fan Duel.

The gambling giant was delisted from the Irish Stock Exchange in January to streamline operations and minimize regulatory complexities. Consequently, it looked to have only two listings in New York and London. It was scheduled to be listed on the NYSE in January before the decision was made to move the main base away from the U.K.

Ding, ding, ding