Flutter Entertainment (NYSE: FLUT) has finalized its exit from the London Stock Exchange, making New York the exclusive venue for trading its shares.

In a concise announcement, Flutter confirmed that its shares were officially withdrawn from London trading at 8:00 AM UK time on Monday, August 3.

The firm indicated that this decision followed a thorough evaluation of the trading volume of its shares on the exchange. It also mentioned the growing costs and regulatory responsibilities associated with maintaining its listing.

Flutter asserted that exiting the London market was in “the best interests of the company and its shareholders.”

New York Becomes Flutter’s Exclusive Market

Flutter had announced its plans to exit the London Stock Exchange in June, having initially disclosed a review of its listing during its first-quarter earnings call in May.

The company commenced trading on the New York Stock Exchange in January 2024 and designated it as its primary listing in May of the same year.

Additionally, Flutter delisted from Euronext Dublin in 2024. Paddy Power, one of the components from which the current Flutter entity evolved, first got listed on the Irish exchange in 2000.

The delisting from London occurs after a challenging year for Flutter’s stock price, which saw FLUT lose approximately 65% of its valuation during that time.

Shares had reached a peak closing price of $308.60 on August 28, 2025, but fell below $100 in June. They ended Friday’s trading session (July 31) at $104.47.

In May, the Financial Times reported that hedge funds had amassed around $2 billion in unrealized gains from short positions taken against Flutter.

UK: A Vital Market for Flutter

Despite the termination of its London listing, the UK remains a crucial market for Flutter.

The UK and Ireland sector generated roughly $900 million of Flutter’s total $4.30 billion revenue in the first quarter of 2026.

However, Flutter’s U.S. division, spearheaded by the FanDuel sportsbook and online casino platform, now stands as its largest regional operation, contributing $1.76 billion in revenue during the same period.

The expansion of the U.S. division unfolds amidst some uncertainty at FanDuel. In June, the company reportedly let go of several hundred employees, marking its third round of layoffs within a year.

Flutter is set to release its financial results for the second quarter of 2026 on August 5.