Shareholders overwhelmingly back Wall Street move
Paddy Power parent company Flutter will switch its main listing to the US by the end of this month. Photograph: Tim Goode/PA Wire
Around 98 per cent of investors voted for the Irish gambling giant to shift its primary listing to Wall Street from London at the group’s annual general meeting at its Clonskeagh, Dublin HQ. He noted that more than half its shareholders are already US-based. “We see ourselves as going home, the US is the natural home for this business,” Mr Jackson added.Its has been growing its US business rapidly through subsidiary FanDuel since a federal court ruled in 2018 that individual states could legalise sports betting.
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