The London Stock Exchange has welcomed Flutter Entertainment to its first day of trading under its new name on the London Stock Exchange plc’s main market for listed securities. It will now trade under the ticker “FLTR”.
Flutter now houses six of the world’s leading sports betting and gaming brands; Paddy Power, Betfair and Adjarabet in Europe; Sportsbet in Australia; and FanDuel and TVG in the USA. Together, these brands provide over six million customers with a market-leading range of betting products across online and retail channels, with proprietary technology supporting sportsbooks, exchange, gaming, daily fantasy sports and advanced-deposit-wagering services, and the TVG television network in the US.
Peter Jackson, CEO Flutter Entertainment, commented: “Flutter is a key participant in the global sports betting and gaming market, with a strong product and brand portfolio and over six million active customers. We think our new name better reflects the diversity of the group and supports our future growth strategy. We’d like to thank our shareholders for approving the change of name.”
Source: GMB
