Paddy Power owner Flutter sees revenue rise as it delists from Euronext Dublin

Flutter announced that its NYSE listing is on track for 29 January 2024
Paddy Power owner Flutter sees revenue rise as it delists from Euronext Dublin

In November, Flutter became the latest company to delist from the Dublin stock exchange, marking yet another blow for Euronext.

Paddy Power and Betfair owner, Flutter posted a 15% rise in fourth-quarter revenue on Thursday, driven by notable surges in market share across Ireland, the UK and the US.

However, the company said that growth of 26% in its Fanduel US business was below expectations due to a series of very friendly customer results of $343m (€315m) which were "primarily mitigated" by the firm's expected gross revenue margin being better than anticipated.

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