Flutter Entertainment Begins Trading on London Stock Exchange

Flutter Entertainment plc, a leading international sports betting and gaming operator, begins trading on the London Stock Exchange under the ticker FLTR. The company's new name reflects the increasing diversity of its brands, geographies, and operations following several key mergers and acquisitions.

Flutter Entertainment plc is the new name for Paddy Power Betfair plc, which was formed in 2016 from the merger of Paddy Power plc and Betfair Group plc. The Group has changed its name to reflect the increasing diversity of its brands, geographies and operations following the transformational merger of its US business with FanDuel in 2018 and the recent acquisition of Adjarabet in Georgia.

Flutter now houses six of the world’s leading sports betting and gaming brands: Paddy Power, Betfair and Adjarabet in Europe; Sportsbet in Australia; and FanDuel and TVG in the USA. At its most recent Q1 2019 results in May, the Group announced revenues up 17% to £478m with standout performances from the new FanDuel sports betting operations in New Jersey and the Sportsbet business in Australia. The Group’s corporate website will now be available on www.flutter.com.