Flutter seeks to move primary listing to New York

Paddy Power-owner said it hopes to move its primary listing from London to the US by early Q3 just hours after exiting the Irish stock exchange

The move forms part of Flutter’s plan for further expansion in the US amid America’s online sports betting boom. Picture: Drury

Peter Jackson, the chief executive of Flutter, has hailed the firm’s move to the New York Stock Exchange as a “pivotal moment”, as the group looks to tighten its grasp on the lucrative US market.

The gambling giant officially delisted from its secondary listing on the Irish stock exchange from 8AM this morning and will commence trading on Wall Street at 9.30AM ET (2.30PM Irish time).

It will maintain its listing on the London stock ...