Gambling giant says work on secondary Wall Street listing will take the rest of the year via IrishTimesBiz
Flutter would keep its primary listing in London and continue to work with Dublin Euronext, as the Irish market was now known, and New York, to work out the settlement difficulties, he said.
Flutter, which grew from the merger of Irish bookie Paddy Power and British betting exchange, Betfair, has businesses in about 80 countries while the recently liberalised US is now its biggest market. Mr McGann told shareholders on Thursday that Flutter calculated that the US sports betting market was worth about $40 billion a year.
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