Flutter shares surge as Paddy Power owner bets on no more lockdowns 

Paddy Power owner Flutter Entertainment had a strong third quarter, despite seeing revenue in its Irish shops fall

Shares in Paddy Power owner Flutter Entertainment surged by more than 5% on the betting group reporting a strong third quarter and upping its overall earnings guidance for this year.

However, despite shops reopening in the last few months, revenue across the actual Paddy Power shop network in Ireland fell by 21%, Flutter said.