Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market
The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in another blow for the UK’s shrinking stock market.
Flutter Entertainment, the world’s largest online betting company, told investors that it would cancel its London shares on 3 August, blaming low levels of trading in the stock and high costs.
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This article was originally published by The Guardian and written by Lauren Almeida.
Read original article on The Guardian