Flutter to Shut Down Betfair in Italy Amid Gambling Framework Changes
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StrategyFebruary 14, 2023·1 min read
Flutter Considers Additional US Listing for Ordinary Shares
Flutter's Board has been assessing the Group's listing structure for some time. One of the key factors in this evaluation is the growing importance of FanDuel, which is expected to become the Group's largest business by revenue.
The Board believes that an additional US listing of Flutter's ordinary shares would yield several long-term strategic and capital market benefits. These benefits include enhancing the Group's profile in the US, better enabling the recruitment and retention of US talent, and providing greater overall liquidity in Flutter shares.
Before deciding on a formal resolution, the Board intends to consult extensively with shareholders. The results of this consultation will be announced in due course.
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