Flutter Completes London Stock Exchange Delisting

Flutter Entertainment (NYSE: FLUT) has completed its delisting from the London Stock Exchange, leaving New York as the sole stock market for the gambling group’s shares.

In a brief statement, Flutter confirmed that its shares were removed from trading in London at 8am UK time on Monday (August 3).

The company said the decision followed “careful consideration” of the level of trading activity in its shares on the exchange. It also cited the additional costs and regulatory obligations associated with maintaining the listing.

Flutter concluded that withdrawing from the London stock market was in “the best interests of Flutter and its shareholders.”

New York Becomes Flutter’s Sole Listing

Flutter confirmed its intention to leave the London Stock Exchange in June. It had first announced a review of the listing during its first-quarter earnings call in May.

The operator began trading in New York in January 2024 and made the New York Stock Exchange its primary listing in May of that year. 

Flutter also delisted from Euronext Dublin in 2024. Paddy Power, one of the businesses from which the current Flutter group emerged, first floated on the Irish exchange in 2000.

The London delisting follows a difficult 12 months for Flutter’s share price, with FLUT losing around 65% of its value during that period.

The shares reached a record closing price of $308.60 on August 28, 2025, but fell below $100 in June. They closed Friday’s (July 31) trading session at $104.47.

In May, the Financial Times reported that hedge funds had accumulated approximately $2 billion in paper profits from short positions taken against Flutter.

UK Remains a Major Market

Despite the end of its London listing, the UK remains one of Flutter’s most important operating markets.

The company’s UK and Ireland division generated approximately $900 million of Flutter’s total $4.30 billion in revenue during the first quarter of 2026.

However, the US business, led by the FanDuel sportsbook and online casino brand, is now comfortably Flutter’s largest regional operation. It contributed $1.76 billion in revenue during the same quarter.

The growth of the US division has come amid a period of uncertainty at FanDuel. In June, the company reportedly laid off several hundred employees in what represented its third round of job cuts within 12 months.

Flutter is scheduled to publish its second-quarter 2026 financial results on August 5.