Flutter
Hedge fund’s bet against shares in Paddy Power owner comes after the company announced an increase in revenue, average monthly players and earnings
Minister of State James Browne says most of Bill received strong cross-party support despite a tsunami of lobbying from gambling and horse industries.
Gambling group expected to take hit from new regulations in UK and Netherlands
Exits of heavyweights from Dublin stock market have triggered concern in the industry as to its future viability
Irish revenues from stable of companies up 8% above $300m but US subsidiary clocked income at $4.4bn
Shareholders will vote on the transfer of Flutter’s primary listing from London to New York at AGM next month
In Ireland, the ISEQ All Share Index had a weaker performance than its European counterparts
Once-off charges leave Paddy Power owner with $1.2 billion loss
Wild Geese: Rob Allen, London: ‘I was flat out dealing with the international media and helping to brief four-time Super Bowl champion Rob Gronkowski’
Veteran executive has previously served on the board of Flutter and Aryzta
Irish equities trading turnover last month equated to a daily average of €183.3m, down from €261.3m a year ago
London’s main problem is the same as Dublin’s – the greater liquidity and higher valuations on offer in the US
Paddy Power-owner Flutter surges on Wall Street debut
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