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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Paddy Power owner Flutter to scrap listing on London Stock Exchange

Flutter Paddy Power London United States Betfair New York LSE Stock Market Flutter Entertainment Kalshi
Paddy Power betting store
Paddy Power owner Flutter Entertainment is the world’s largest online betting company. Photograph: Bloomberg/Getty Images

The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in another blow for the UK’s shrinking stock market.

Flutter Entertainment, the world’s largest online betting company, told investors that it would cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs.

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