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Flutter Completes Transition to NYSE, CFO Steps Down

International sports betting and iGaming giant Flutter Entertainment, owner of FanDuel and other leading international iGaming brands, announced that it has completed its transition to the New York Stock Exchange as its primary share listing.

The Dublin-based company, formerly Paddy Power Betfair, first listed on the NYSE in January under the FLUT symbol, triggering the transition from its former London Stock Exchange listing as FLTR.

With completion of the primary listing, group finance head Paul Edgecliffe-Johnson has stepped down from his former roles as Flutter group chief financial officer and executive director. Rob Coldrake has been named as Flutter’s new CFO, due to the need to oversee the Irish-based company’s increased role overseas in the U.S. Coldrake has held the role of CFO for Flutter International since 2020, promising a smooth transition with this change in leadership.

FanDuel and its brand are by far the most profitable under Flutter, which also owns Betfair, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet.

Some 98 percent of Flutter’s shareholders supported the resolution to move Flutter to a primary U.S. listing. Investors say the transition at CFO is an issue separate from the company’s financial performance; it speaks to the importance of the U.S. market.

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