Flutter’s ‘Exceptional’ Year for US Gambling: The London Rush

The emergence of sports betting in the US threatens to have a transformational impact on the UK’s listed gambling firms. That’s demonstrated today by what Flutter called an “exceptional performance” in the US in 2022, with its sales at the top of end of its expectations, and an earnings loss at the lower end. Still, the allure of a US-based listing for Flutter could draw some of the attention away from the London market.

Here’s the key business news from London this morning: