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The Latest Breaking News from Flutter

Betting firm 888 to pay $50 million to quit failing American venture

Firms like Flutter and Entain have had great success in America but 888 failed to gain any ground in the country

Evening Standard

Flutter Eyes US Listing Switch In New Post-Brexit Blow

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

International Business Times

UK shareholders should vote against Flutter’s flight to the US

The dwindling band of UK loyalists should send a message that exiting to the US is not as easy as flicking a switch

The Guardian - UK

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DraftKings Stock Breaks Out As NFL Playoffs Set The Stage For Super Bowl 58; Rival Debuts On NYSE

DraftKings stock broke out Monday as sports betting enthusiasts prepare for Super Bowl LVIII. FanDuel parent Flutter debuts on NYSE.

Investors Business Daily

Paddy Power owner Flutter deals fresh blow to London Stock Exchange

The Paddy Power owner is set to switch its primary listing to the US by July

Evening Standard

FanDuel owner Flutter lists in New York amid US gambling boom

Gambling giant hails America as its ‘natural home’ and proposes primary listing in New York as US sports betting business surges

The Guardian - US

Paddy Power owner gallops ahead as it races off to New York listing

Flutter shares will start trading in the US on 29 January

Evening Standard

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Betting firm Flutter to list on New York stock exchange in January

Company formerly known as Paddy Power Betfair will keep premium listing in London for now

The Guardian - UK

City trading house IG Group picks ex-Betfair boss Corcoran as new CEO

He replaces June Felix, who left due to poor health in August

Evening Standard

A lesson for London in Flutter’s transatlantic drift

FTSE 100 gambling firm continues to drop hints that it could move its primary listing to New York

The Guardian - UK

Sportsbet spends extra $19m in marketing blitz ahead of expected gambling ad ban

Anti-gambling advocates call company ‘utterly irresponsible’ as industry lobbies to prevent total ban on betting ads in Australia

The Guardian - AU

Fox Bet Sports Betting Platform to Close

Flutter Entertainment and Fox have announced a phased shutdown in August

TV Tech

Coroner warns more could die as a result of betting firm’s ‘inadequate’ safeguards

Flutter’s safer gambling tools ‘do not amount to any meaningful interaction’ with customers, says coroner in suicide of gambler

The Guardian - UK

Coroner condemns ‘inadequate’ protection of gamblers after man’s suicide

The concerns were raised in a Prevention of Future Deaths report after a gambling disorder was deemed to have contributed to the death of Luke Ashton.

The Independent UK

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The Guardian - UK

Coroner criticises Betfair for failing to act before man’s suicide

Gambling disorder cited as a contributory cause in the death of Luke Ashton, who was not identified as a high-risk customer

The Independent UK

Gambling addition ‘contributed’ to death of father making 100 bets a day, inquest rules

Luke Ashton had hidden his gambling from his wife after becoming addicted during the Covid-19 lockdown

The Independent UK

Gambling disorder contributed to death of father-of-two, coroner concludes - OLD

Luke Ashton took his own life at the age of 40 after suffering what an expert says was a ‘pervasive’ gambling disorder.

The Independent UK

Bookmaker’s algorithm failed to see ‘red flags in gambling addict’s behaviour’

Father-of-two Luke Ashton took his own life after losing thousands of pounds while gambling.

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Wales Online

Betting firm admits it could have done more to help man, 40, who took own life

Dad of two Luke was suffering from a crushing gambling addiction

The Independent UK

Betfair admits it ‘should’ve done more’ to protect man who took his own life

Experts believe Luke Ashton, who died at the age of 40, had a ‘pervasive’ gambling disorder before he took his own life in 2021.

The Guardian - UK

Gambler who took his own life made up to 100 bets a day, coroner told

First inquest to formally involve a gambling operator hears that Luke Ashton at one point had debts of £18,000

The Independent UK

Father made 100 bets a day due to ‘pervasive gambling disorder’, inquest hears

Annie Ashton told an inquest into the death of her husband Luke, 40, that she believed gambling addiction led him to take his own life.

The Guardian - UK

Paddy Power fined after push notifications sent to people self-excluding from gambling

PPB Counterparty Services to pay £490,000 for breaching social responsibility rules

Evening Standard

Paddy Power boss: New safer gambling reforms can’t be implemented unless tech rules change

Paddy Power parent Flutter’s UK revenues soared in the final months before the rules were announced

Bangkok Post

UK looks to overhaul gambling industry

LONDON: The UK government on Thursday announced a proposed overhaul of Britain’s £14-billion ($17 billion) gambling industry with a view to tackling addiction in the smartphone era.

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