The company said the move follows a review of its dual-listing structure and will leave Flutter trading exclusively on the New York Stock Exchange from August.
Flutter Entertainment announced that it intends to delist from the London Stock Exchange (LSE) and become exclusively listed on the New York Stock Exchange (NYSE), in the latest strategic shift for one of the world’s largest online gambling operators.
The company said it concluded that maintaining a dual listing was no longer in shareholders’ best interests after reviewing trading activity in its shares. Flutter added the costs and regulatory obligations associated with retaining the London listing as another reason.
Flutter to Leave London Market in August
The company said the delisting is expected to take effect at 8 a.m. London time on Aug. 3, 2026. The final day of trading for the company’s shares on the LSE is expected to be July 31.
Flutter has requested that the U.K. Financial Conduct Authority cancel the listing of its ordinary shares on the Official List and that the LSE cancel the admission of those shares to trading on its main market.
Following the delisting, Flutter’s ordinary shares will trade exclusively on the NYSE under the ticker symbol FLUT.
Flutter moved its primary listing from London to New York in January 2024, while retaining a secondary listing in London. At the time, management argued that a U.S. primary listing would better reflect the growing importance of North America to the group’s business and investor base.
Flutter suggested the possibility of changes to its listing structure during its first-quarter earnings call in May. At the time, CEO Peter Jackson told investors the company was reviewing its London listing as part of an effort to streamline its dual-listed structure. Jackson said Flutter expects to conclude the review in Q2.
The company said Friday that it ultimately determined proceeding with the delisting was in the best interests of both Flutter and its shareholders.
The decision to now leave London entirely further aligns Flutter with the U.S. market, where FanDuel is the market share leader and has become the company’s largest growth driver.
Latest Move in Flutter’s Simplification Strategy
The decision marks another strategy change for Flutter as the company continues to streamline operations.
Alongside its Q1 earnings release, Flutter announced that FanDuel CEO Amy Howe will step down. FanDuel President Christian Genetski set to succeed her.
In March, Flutter retired PokerStars’ standalone U.S. platform and integrated it with FanDuel. The move allowed PokerStars to expand its shared liquidity network.
Other product changes include shutting down FanDuel Picks, the peer-to-peer fantasy game, in May, only months after launching it. Flutter has also announced plans to close FanDuel TV by the end of 2027.
Separately, FanDuel recently conducted its third round of layoffs in less than a year. The latest round affected hundreds of employees across multiple departments, according to multiple reports.
Against that backdrop, Flutter’s decision to abandon its London listing represents another step in the company’s broader effort to simplify its structure, streamline operations, and focus on its largest growth opportunities in the U.S. market.
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