Flutter Entertainment: Sky Betting & Gaming owner to delist from London Stock Exchange
Flutter Entertainment, the online sports betting and gaming company, has announced that it plans to delist from the London Stock Exchange.
Flutter, which owns Leeds-based Sky Betting & Gaming, said its shares will continue to be listed and admitted to trading on the New York Stock Exchange following the LSE delisting.
Once the LSE delisting takes effect, Flutter's ordinary shares will only be listed on the NYSE.
In a statement issued on Friday morning, Flutter said: “On May 7, 2026, the company announced, as part of its Q1 (first quarter) financial results, that it was undertaking a review of its LSE listing.
"As part of the review of its listing structures, 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, and concluded that it is in the best interests of the company and its shareholders to proceed with the LSE delisting.”
It plans to delist its ordinary shares from the London Stock Exchange with effect from 8.00 a.m on Monday August 3.
Flutter operates a portfolio of online sports betting and iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, Adjarabet and Betnacional.
In February, Flutter Entertainment described this summer’s Fifa World Cup as a “great opportunity” for the betting giant.
Flutter switched its primary stock market listing from London to New York in 2024 although kept a secondary listing on the LSE.
This followed rapid expansion in the US through its FanDuel sportsbook business and as a raft of states loosened their gambling restrictions.
Friday’s announcement marks another major exit for the LSE after building materials group CRH said in March it was planning to delist entirely after similarly switching its main listing to New York.
Other big businesses including fintech firm Wise, construction rental firm Ashtead, investment business Petershill Partners and drugmaker Indivior have either switched their primary listing away from the LSE or abandoned it entirely in recent years.
On the other hand, the LSE has benefited from new entrants, with companies like tuna maker Princes Group and small business lender Shawbrook launching their shares at the end of last year.
Financial results shared by Flutter in May showed its revenues soared by 17 per cent to $4.3bn (£3.1bn) for the first three months of 2026, compared with the same period last year.
Sales were bolstered by online gaming growth and acquiring new brands last year.
However, Flutter said sports results continued to go in the favour of punters rather than bookies, which impacted its performance in markets including the UK.
The group reported adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) of $631m (£464m) for the quarter, edging up by 2 per cent compared with last year.
Peter Jackson, Flutter’s CEO, commented in a statement issued in May: "Flutter’s Q1 performance was encouraging, with group revenue increasing 17 per cent year‐on‐year.”