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Flutter to Start Shareholder Consultation on U.S. Listing

 

Online betting firm Flutter Entertainment said on Tuesday it would start consulting shareholders for a U.S. listing.

The London-listed company’s plan for a listing in the US comes at a time when its market-leading U.S. FanDuel business has become the group’s largest in revenue terms.

“The board has reached a preliminary view that an additional U.S. listing of Flutter’s ordinary shares will yield a number of long-term strategic and capital market benefits,” the company said in a statement.

Flutter said the benefits of the additional listing include access to much deeper capital markets and important U.S. indices.

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