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Flutter Considers Public U.S. Listing

February 15, 2023 3

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Flutter Considers Public U.S. Listing

Flutter Entertainment has just made a promising announcement, informing its investors of the consideration for a U.S. listing as a publicly traded company, following the footsteps of London and Dublin. After a positive year for the companies rapid growing FanDuel brand, the popular sports betting operator looks to become a key revenue driver for Flutter.

Flutters’ Board explained that a U.S. listing would benefit in these ways:

  • Expand their profile in the U.S.
  • Recruitment and staying power for U.S. talent
  • Access to U.S. investors and greater capital markets
  • Increase the overall liquidity of Flutter shares
  • The ability to acquire a U.S. listing

Quoted on CNBC – Jeffrey Kamys, Chief Investment Strategist for the iBet ETF spoke about decline hurting a lot of gaming companies but predicted at a FanDuel Flutter U.S. listing becoming the “Apple of our industry.” going on to add, “It would be our top holding if they went public.”

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