Paddy Power owner Flutter launches on NYSE as Irish listing cancelled 

On its first day on Wall Street, Flutter shares gained more than 3% to $212 (€196.2)

Flutter is the latest firm joining the running list of companies exiting the Irish stock market, following moves from construction company, CRH, Guinness-maker Diageo and packaging giant Smurfit-Kappa.

Paddy Power owner, Flutter Entertainment has officially launched on the New York Stock Exchange after announcing late last year that it was switching from its Irish listing to focus on its US market.

The betting conglomerate confirmed that the cancellation of the secondary listing of the Company’s ordinary shares on Euronext Dublin took effect at 8am this morning.