Flutter to delist shares from London Stock Exchange
Operator to trade solely on New York Stock Exchange from August as pivot to becoming a US-focused business continues
Flutter Entertainment has confirmed plans to delist its shares from the London Stock Exchange (LSE) and become a solely New York Stock Exchange (NYSE)-listed business from early August.
The operator, which first officially switched its primary listing from the LSE to the NYSE in January 2024, announced it was reviewing the dual listing in its Q1 2026 earnings report in May.
In a note to investors confirming the decision today, Friday June12 , Flutter said it expects the delisting will come into effect on August 3, meaning the final day of trading Flutter shares on the LSE will be July 31.
A Flutter statement read: “The company carefully considered, among other things, the level of trading activity in its shares on the LSE as well as the additional cost and regulatory and administrative obligations arising from retaining the LSE listing.
“It concluded that it is in the best interests of the company and its shareholders to proceed with the LSE delisting.”
The move comes amid a turbulent period for the operator’s shares, with the price plummeting more than 60% over the last 12 months as the growth of prediction markets threatens Flutter subsidiary FanDuel revenues in the US.
Last month, the Financial Times reported that certain hedge funds had generated profits of around $2bn short selling Flutter stock since the start of the year.
Flutter’s delisting serves as the latest blow to London’s stock market. Estimations from Reuters value the UK FTSE 100 at £2.4tn, which is dwarfed by the $63tn valuation of the US’ S&P 500.
Last month, shareholder Colm Whooley slammed Flutter’s decision to move the primary listing to the NYSE in 2024, claiming it was only taken to boost the pay packets of senior executives.
CEO Peter Jackson received a total remuneration of $19.7m in 2025, with almost $16m of that awarded as shares in the business.
FanDuel announced the departure of CEO Amy Howe in May, who was handed $4.37m in severance – more than four times her base salary.
Howe was replaced as CEO by FanDuel president Christian Genetski, with the decision made to “best position the group for further growth.”
At the time of writing, Flutter’s share price sits at £83.16 following the delisting announcement, down 0.3% from market opening.