Flutter Entertainment to Cancel London Stock Exchange Listing on August 3

Flutter Entertainment will cancel its London listing on 3 August, citing low trading activity and the extra costs of maintaining a dual listing. The company, which owns Paddy Power and Betfair, said the decision followed a review announced in May. It concluded that remaining on the London Stock Exchange was no longer in the best interests of the company and its shareholders.

Background on the Move Flutter shifted its primary listing from London to New York in 2024 after growth in its U.S. FanDuel business and the loosening of online betting rules in several states. The company is now operationally headquartered in New York.

Its London shares have fallen about 50 percent in the year to date. The company reported February that revenue rose 17 percent in 2025 to $16.4 billion, below its earlier forecast.

The delisting continues a pattern of companies leaving the London market. CRH delisted earlier this year, and Wise moved its main listing to New York in May. Tate & Lyle agreed this week to a £2.7 billion takeover by U.S. rival Ingredion. Schroders, Beazley and Intertek have also agreed to take-private deals in 2026. Flutter employs about 28,500 people worldwide and is valued at £15 billion.

“The level of trading activity in its shares on the LSE as well as the additional cost, and regulatory and administrative obligations arising from retaining the LSE listing.”