Flutter Entertainment which owns Paddy Power and Betfair, will scrap its secondary London listing from 3 August. Leaving it solely listed in New York…
The decision followed a strategic review launched in May that weighed low London trading volumes against the cost and regulatory burden of staying. Poof – there goes another…
Reeves has massively increased the tax burden on UK gambling companies – to the tune of more than a billion pounds. An incoming Burnham administration is said to be toying with more gambling taxes – potentially on punters’ winnings – to fund public services…
Flutter was once a FTSE 100 company switched its primary listing from London to New York in May 2024. Flutter’s exit from the London Stock Exchange follows CRH, Wise, Ashtead and Indivior in shifting or removing their primary listings – the LSE is a sick man…
Meanwhile, the US betting and gaming market is booming. A once proud British industry brought to its knees by Rachel from Accounts…
Asked by Lobby hacks about his past comments on Trump (“any UK politician who gave Trump the time of day should be ashamed right now”) Burnham was blithe:
“Politicians say things throughout their career, but now the important thing is to focus on the moment you are in.”
Were it so easy…