Flutter Entertainment, Owner of FanDuel and PokerStars, to List on NYSE

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Flutter Entertainment, Owner of FanDuel and PokerStars, to List on NYSE
Flutter EntertainmentFanduelPokerstars
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Dublin-based Flutter has applied for its shares to list on the NYSE in its first quarter of fiscal 2024.

Fans of football and investing have a new reason to cheer—Dublin-based Flutter Entertainment is coming to the New York Stock Exchange .

“We are making good progress toward our U.S. listing which will bring the Group significant benefits from accessing the world’s deepest and most liquid capital markets,” CEO Peter Jackson said in the earnings release on Thursday. Currently, there aren’t a lot of options for U.S. traders to invest in online sports betting companies. Penn Entertainment sold Barstool Sports back to founder Dave Portnoy over the summer. And while Walt Disney’s ESPN unit sold the ESPN trademark to Penn, and gambling companies Caesars Entertainment and MGM Resorts International have their own sportsbooks, the market leaders for U.S. online sports betting are Flutter and DraftKings .

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