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Flutter says FanDuel CEO exit to delay unit's possible U.S. listing

05/12/2021 04:47
Flutter says FanDuel CEO exit to delay unit's possible U.S. listing

- Betting group Flutter Entertainment FLTRF.L FLTRF.I said on Wednesday Matt King, chief executive officer of its U.S. FanDuel business, will be leaving the company and warned that his exit would delay FanDuel's potential U.S. listing.

Flutter's London-listed shares fell more than 2% after the owner of Paddy Power, Betfair and PokerStars, also said it was keeping the FanDuel floatation under review.






(Reporting by Pushkala Aripaka in Bengaluru;
Editing by Vinay Dwivedi)

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