The first whisper that Flutter was on the verge of something big was in July when its share price mysteriously shot up by more than 10 per cent.
The Paddy Power-Betfair owner claimed to have no knowledge of the cause of the spike at the time but the rumour was that the group was about to agree a merger that would make it an odds-on shot to prosper in the emerging United States market.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team