Flutter receives shareholder support for US listing 

Finance News

The group, which owns Paddy Power, Betfair, and Sky Bet, announced last month that it would float the possibility of a New York listing with shareholders, given the importance of US operation FanDuel to its future growth.

Flutter spoke with shareholders representing a significant majority of its issued shared capital and received “strong support” for the move.

A formal resolution on the proposal has now been sent to shareholders.

The resolution comprises a number of changes to Flutter’s articles of association necessary to facilitate the additional US listing. Flutter currently has its primary listing in London and a secondary listing in Dublin.The US listing will be implemented in the fourth quarter of 2023.