Potential public offering of Flutter’s US betting unit would not include Fox Bet’s assets
Paddy Power parent company is continuing to evaluate its options regarding a potential listing
Any potential spinoff and initial public offering of Flutter’s US betting unit would not include Fox Bet’s assets, the parent company of Paddy Power and Betfair has confirmed.
Flutter, the international gambling giant, last month confirmed that it was considering listing a small number of shares in its US Fanduel business but added that no decision had yet been made.
Announcing its first quarter results this morning, Flutter said it was continuing to evaluate its ...