Paddy Power owner's shares jump on US prospects — but Murdoch is waiting in the wings

Flutter Entertainment surged after the global betting giant confirmed it is considering a partial stock listing in the US

Flutter, which owns Paddy Power, saw its shares close 7% ahead today despite saying no decision had yet been made on a US stock listing, but confirming it was considering listing 'a small shareholding' in FanDuel, among other options. 

Shares in Paddy Power owner Flutter Entertainment surged after the global betting giant confirmed it is considering a partial stock exchange listing of its main business in the US.

The company's shares closed almost 7% ahead, having climbed by almost as much as 10% at one point.