Markets

Markets Update: Flutter shares take off after US revenue surge

Gambling giant trading up 14 per cent as the firm prepares to move ordinary shares across the Atlantic

Flutter: Paddy Power-owner notified investors on Thursday that it expects to report total group revenue of £9.5 billion (€11 billion) for 2023. Picture: Getty

Flutter has gained almost 14 per cent on the Irish stock exchange, with shares now trading at a mammoth €176.55 each, after the firm boasted 26 per cent annual growth in its US operation.

Its shares have been on an upward trajectory all week, growing from €151.90 per share on Monday afternoon ahead of today’s trading update.

The Paddy Power-owner notified investors on Thursday that it expects to report total group revenue of £9.5 billion ...