Gambling

Flutter boss warns UK and Irish markets to boost liquidity or lose bluechips

Paddy Power owner plans to list in New York by May 31 but downplayed concerns over its Irish business

Peter Jackson said today that the Paddy Power-owner is “going home” in transferring its primary listing from London to the New York Stock Exchange. Picture: NYSE

Flutter’s chief executive has warned that European and UK stock markets need to drive up liquidity if they want to keep hold of the world’s biggest companies, as the betting giant prepares to list in New York by the end of May.

Peter Jackson said today that the Paddy Power-owner is “going home” in transferring its primary listing from London to the New York Stock Exchange – as part of a shift that has seen ...