Flutter Entertainment to Delist from London Stock Exchange in August
Flutter Entertainment, owner of FanDuel and Paddy Power, announced it will delist from the London Stock Exchange on August 3, 2026, about two years after moving its primary listing to New York. The company cited low trading activity in London and high costs of maintaining a secondary listing as reasons for the decision. The move reflects a broader trend of major UK-listed companies relocating to US exchanges, where valuations and trading volumes are typically higher.
Flutter Entertainment, the world's largest online betting company and owner of FanDuel, Paddy Power, and Betfair, announced plans to delist from the London Stock Exchange effective August 3, 2026. The company stated the decision was based on low trading activity on the LSE and the additional costs and regulatory obligations of maintaining a secondary listing, concluding it was in the best interests of shareholders. Flutter moved its primary listing to New York in 2024 following growth in its US operations as states loosened online betting restrictions. The delisting marks the latest in a series of high-profile exits from London's stock market, including CRH, Wise, and several companies accepting private takeover offers. Flutter's London shares have lost approximately half their value year-to-date, partly attributed to concerns about emerging competition from prediction market platforms like Kalshi in the US.
How coverage differed
Bloomberg's coverage is more concise and focuses on the company's rationale and broader trend of delistings. The Guardian provides more extensive context about the decline of London's stock market, includes specific examples of other departing companies, and discusses emerging competitive threats from prediction markets—framing the story as part of a systemic challenge to UK financial markets rather than a straightforward corporate decision.
What different sources said
Paddy Power owner Flutter to scrap listing on London Stock Exchange
- BloombergCenter
FanDuel Owner Flutter to Delist From London After Shift to US
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