Delisting Confirmed After Q1 Review
Flutter Entertainment will delist its ordinary shares from the London Stock Exchange on August 3, 2026, confirming a sole listing on the New York Stock Exchange under the ticker FLUT.
The FanDuel and Paddy Power owner said the move follows a formal review of its LSE listing first disclosed alongside its Q1 2026 results on May 7. The last day of trading on the LSE will be July 31, with the delisting taking effect at 8:00am London time on August 3.
In a statement, Flutter said it had “concluded that it is in the best interests of the company and its shareholders to proceed with the LSE delisting.” The company said it had carefully considered the level of trading activity in its shares on the LSE, along with the additional costs and regulatory and administrative obligations of maintaining the listing.
Flutter is now in discussions with the UK’s Financial Conduct Authority to confirm the transition to a sole NYSE listing. Under FCA Listing Rule 21.2.17, the company is required to give at least 20 business days’ notice of the delisting.
A Two-Year Journey to New York
Flutter moved its primary listing to the NYSE in 2024, having previously delisted from Euronext Dublin. Shareholders approved the New York move in May 2024, citing the US and Canada as the group’s key growth markets, driven primarily by FanDuel.
Since the Dublin exit, Flutter retained a secondary listing on the LSE. That arrangement is now ending, with the company’s operational headquarters having already shifted to New York in 2024.
Flutter operates a portfolio of betting and gaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal and Snai. The LSE exit follows a similar move by building materials group CRH, which delisted from London entirely in early 2026 after switching its primary listing to New York, marking another setback for the UK exchange’s efforts to retain large-cap listings.
FanDuel Predicts Adds Crypto.com Partnership
The delisting announcement coincides with Flutter’s continued push into prediction markets through FanDuel Predicts. The unit has expanded its event contract offering through a new partnership with Crypto.com, working with the exchange’s OG Prediction Markets and clearinghouse.
“These additional product sets give our customers more choices by expanding the breadth of sports and entertainment contracts on our platform,” said James Cooper, senior vice president, Flywheel and New Ventures at FanDuel.
Flutter said customers would begin seeing contract offerings from both CME Group, FanDuel Predicts’ initial prediction markets partner, and OG Prediction Markets this week, coinciding with the start of the World Cup.
Context: A Difficult First Quarter
The review that led to the delisting was launched after a mixed Q1 2026. Flutter’s US revenue grew 6% year-on-year to $1.76bn, with iGaming revenue up 19%. Sportsbook revenue rose just 1% in the period, with betting handle growth lagging behind the company’s broader expectations, prompting Flutter to lower its full-year revenue and earnings guidance, citing unfavourable sports results and launch costs in Arkansas.
With trading volumes and investor attention now concentrated on the NYSE, Flutter joins a growing list of companies reassessing the value of maintaining a London listing alongside a US one. The FCA’s response to Flutter’s delisting timeline, expected over the coming weeks, will determine the final regulatory steps before the August 3 effective date.
Source: Flutter Entertainment
