North America

North American news

Flutter to shift primary location from LSE to NYSE by end of 2024

SBC News Flutter to shift primary location from LSE to NYSE by end of 2024

Flutter Entertainment Plc will proceed with plans to make the New York Stock Exchange (NYSE) the primary location of its corporate shareholding. This morning, Flutter leadership rang the NYSE trading bell, beginning the firm’s dual-listing on the US exchange, as approved by investors. Flutter shares will be listed on the New York exchange under the ticker symbol FLUT, alongside the …

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NeoSurf promotes Sue Page to CEO of North America

SBC News NeoSurf promotes Sue Page to CEO of North America

NeoSurf has expanded its corporate leadership team by announcing the promotion of Sue Page as its Chief Executive Officer (CEO) of North America. Page is promoted from her role as Executive Vice President of North America, where she led the commercial deployment of NeoSurf’s prepaid solutions within US states regulating sports betting and iGaming services. Updating the media, NeoSurf cited …

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Huddle welcomes KaFe Rocks Co-Founder Mecan to advisory board

G3 Esports

Feda Mecan, who is the Co-Founder of KaFe Rocks, has announced that he is joining the advisory board of US sportsbook supplier Huddle. Mecan’s journey in gambling can be traced back to 2010 when he worked as a lead under Ladbrokes’ DACH-facing business, with a focus on Germany, Austria and Switzerland.  Fast forward to 2017, Mecan founded his first affiliate. …

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Flutter NYSE listing sets a new benchmark for gambling PLC valuations

SBC News Flutter NYSE listing sets a new benchmark for gambling PLC valuations

The City expects Flutter’s NYSE listing to have an impact on the corporate valuation disciplines of gambling PLCs… But nothing can stop the industry’s M&A momentum. The frantic movements of gambling PLCs have dominated industry headlines in the early proceedings of 2024. On the European front, despite no regulatory resolutions being settled in the past year, gambling PLCs continue their …

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Flutter ends listing on Dublin Euronext 

flutter

As of this morning (24 January 2024), Flutter Entertainment Plc has declared that it has ceased trading of its ordinary shares on the Dublin Euronext Exchange. On Tuesday, 23 January, Flutter concluded its final day of trading on the Dublin Euronext, as the global gambling group prepares to list on the New York Stock Exchange (NYSE) on Monday, 29 January. …

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BetMakers’ Global Tote enhances betting terminals at Hawthorne Race Course

bha whip rule changs

BetMakers’s Global Tote division has extended its partnership with Hawthorne Race Course for a further five years. The deal encompasses the provision of pari-mutuel wagering technologies and services at the Illinois-based course and at its off-track betting bars.  Raj Sanjanwala, Chief Operating Officer of Global Tote, said: “Global Tote is delighted to continue our long and productive partnership with Hawthorne …

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Better Collective nets unanimous approval of Playmaker €176m buyout

SBC News Better Collective nets unanimous approval of Playmaker €176m buyout

Better Collective A/S inches closer to concluding its acquisition of Playmaker Capital, as the shareholders of TSX-listed sports media group overwhelmingly support the €176m buyout. As disclosed to the Toronto TSX and Copenhagen Børsen, Better Collective has secured investor approval of 99.9% to proceed with its €176m acquisition of Playmaker, first announced on 6 November 2023. In a deal comprising …

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Record users for Checkd Group’s first venture outside the UK

SBC News Record users for Checkd Group’s first venture outside the UK

Checkd Group’s North American brand FlashPicks has posted record user numbers, with over 31,000 bets and 195,000 screen views in December 2023.  The Manchester-based media company – which focuses on the sports betting industry – also shared that its app has averaged around 60,000 user sessions per month since its launch last year. Adam Patton, Managing Director at Checkd Dev, …

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Flutter flexes US and UK muscles ahead of NYSE listing

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc has consolidated its leadership positions in the UK and US markets ahead of its NYSE listing date on Monday 29 January. Publishing its pre-close trading statement for 2023 trading, the soon to be FTSE & NYSE gambling group reported Q4 revenue growth of 11% to £2.67bn. On a year-on-year basis, Flutter’s FY2023 revenues stand at £9.51bn, up …

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David Yatom Hay: The evolution of gambling compliance…

SBC News David Yatom Hay: The evolution of gambling compliance...

Ahead of a high-profile appearance at the World Regulatory Briefing on the changing role of gambling compliance at next month’s ICE London, David Yatom Hay, General Counsel of Soft2Bet, spoke to SBC News about all things regulation and innovation.  SBC: With ICE London fast approaching, can you tell us more about your participation in the World Regulatory Briefing on the …

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