{"id":290,"date":"2024-06-27T22:25:33","date_gmt":"2024-06-27T19:25:33","guid":{"rendered":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/27\/flutter-shareholders-back-us-listing-proposal\/"},"modified":"2024-06-27T22:25:33","modified_gmt":"2024-06-27T19:25:33","slug":"flutter-shareholders-back-us-listing-proposal","status":"publish","type":"post","link":"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/27\/flutter-shareholders-back-us-listing-proposal\/","title":{"rendered":"Flutter Shareholders Back US Listing Proposal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/O_NdtKqgkaA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Flutter Entertainment has declared that their proposal to list additional shares on the American stock market has garnered significant backing from their shareholders.<\/p>\n<p>The company disclosed last month that this listing would facilitate their expansion in the United States and amplify their FanDuel operations.<\/p>\n<p>While they haven&#8217;t divulged all the specifics of the listing, Flutter stated it would enhance their visibility in the United States, aid in attracting and retaining skilled personnel within the country, and enable them to secure funding from a broader pool of investors in the US.<\/p>\n<p>Flutter further indicated that this listing could simplify the buying and selling of their shares, potentially culminating in a substantial listing on a prominent US stock exchange, thereby rendering them eligible for inclusion in certain prominent US stock market indices.<\/p>\n<p>Flutter asserted that they have engaged in discussions with the majority of their investors, who have expressed unanimous support for this initiative. They will formally solicit a vote from their shareholders on this matter at their annual gathering on April 27th.<\/p>\n<p>For the proposal to be approved, a minimum of 75% of their investors must cast their votes in favor. <\/p>\n<p>Should this be accurate, Flutter intends to add more entries in the last three months of the year.<\/p>\n<p>In the financial year 2022, Flutter&#8217;s income increased by 27% compared to the previous year, mainly due to continued expansion in its American operations and the purchases of Sisal and Tombola.<\/p>\n<p>The operator stated that its American-facing FanDuel brand continues to gain market dominance, reaching 50% in online sports wagering and 21% in online gaming in the final quarter, with the American business anticipated to be profitable in 2023.<\/p>\n<p>&#8220;We hold an unmatched top position in the US, and we continue to thrive,&#8221; stated Flutter&#8217;s chief executive, Peter Jackson. &#8220;The combined force of the &#8216;FanDuel Advantage&#8217; and the &#8216;Flutter Advantage&#8217; has led to our most successful introductions to date &#8211; in Maryland and Ohio.&#8221;<\/p>\n<p>Earlier this month, the US Securities and Exchange Commission (SEC) directed Flutter to pay a $4 million civil fine for The Stars Group&#8217;s use of external advisors in Russia.<\/p>\n<p>Flutter acquired The Stars Group, which operates brands including PokerStars and Full Tilt, in May 2020. The SEC&#8217;s directive relates to the period from May 26, 2015, to May 15, 2020.<\/p>\n<p>Sign up for the iGaming newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flutter Entertainment has declared that their proposal to list additional shares on the American stock market has garnered significant backing from their shareholders. The company disclosed last month that this listing would facilitate their expansion in the United States and amplify their FanDuel operations. While they haven&#8217;t divulged all the specifics of the listing, Flutter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Flutter<\/title>\n<meta name=\"description\" content=\"Flutter Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/27\/flutter-shareholders-back-us-listing-proposal\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Flutter Shareholders Back US Listing Proposal\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Flutter Entertainment\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/freecashbonusnodepositcasino.icu\/2024\/06\/27\/flutter-shareholders-back-us-listing-proposal\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Licensed Online Casino: Discover Thrilling Games &amp; 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