TLDR Flutter Entertainment delisted its shares from the London Stock Exchange at 8 am UK time on August 3. The New York Stock Exchange is now Flutter’s only primary listing. The company pointed to low trading volumes, high costs, and regulatory demands as reasons for leaving London. Flutter will keep running its UK and Irish brands, including Paddy Power, Betfair, Sky Betting & Gaming, and tombola. Flutter shares closed at £75.88 on their final day of London trading, down from £81.38 earlier in the week.
Flutter Entertainment has left the London Stock Exchange. The gambling company completed its delisting at 8 am UK time on August 3.
The final day of trading in London was July 31. Flutter first announced the plan to leave back in June.
With this move, the New York Stock Exchange becomes Flutter’s only primary listing. The company had held listings in both cities before this change.
Flutter said the decision came after a review of its London listing. The review pointed to low trading volumes, high costs, and heavy regulatory demands.
Company leaders said focusing on New York was the best choice for shareholders. They believe this step will help the business going forward.
On the last day of trading in London, Flutter shares closed at £75.88. That price was down from £81.38 at the start of the same week.
Flutter Still Serves UK Customers
Flutter has removed its shares from the London Stock Exchange, but its UK business is not going away. The company still runs several major gambling brands across the UK and Ireland.
These brands include Paddy Power, Sky Betting & Gaming, Betfair, and tombola. This part of the business remains one of Flutter’s largest sources of revenue.
The company has made clear that customers in the UK and