Paddy Power owner Flutter to close betting platform Fox Bet 

Paddy Power one of the leading brands in Flutter's portfolio. Pic: Denis Minihane.

Paddy Power owner Flutter and broadcaster Fox Corporation announced they will close US sports betting platform Fox Bet.

Betting giant Flutter owns the market leading FanDuel brand and has said that Fox Bet contributed less than 3% to its revenue of $2.6bn (€2.3bn) in the fast growing US market last year.