3 hours ago - Business

London loses another listing, as FanDuel departs

Dan Primack

Illustration of Big Ben, the clock in London, melting. — Illustration: Maura Losch/Axios

Flutter Entertainment, the NYSE-listed parent company of FanDuel and Betfair, has disclosed plans to delist shares from the London Stock Exchange.

Why it matters: London keeps losing listings to New York, either at IPO or after, with companies citing everything from market liquidity to costs to executive compensation rules.

Catch up quick: Flutter's predecessor company went public in London 26 years ago, but only has traded in New York since 2024.

Dublin-based building materials firm CRH dropped its London float in April, while London-based fintech Wise moved its primary listing to New York in May.

Go deeper, via the FT: "CBI, Britain's biggest business lobby group, last year argued that London's best chances of revival could lie in attracting and retaining more secondary company listings."

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London loses another listing, as FanDuel departs

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