Latest articles
No FanDuel IPO Likely, But US Flutter Listing on Its Way
Chances are, there will be no FanDuel IPO now that shareholders of the online gambling site’s primary owner have approved a US stock listing. On April 27, votes representing 99.9% of Dublin-based Flutter Entertainment‘s stock were cast in favor of the US listing. Flutter () is already on the London Stock Exchange. Voting to add […]
FanDuel Gets the Tiniest of Toeholds in Nevada
Ironically, the US state best known for gambling is also a tough nut to crack for modern online gambling companies. Nevada’s economy depends heavily on the long-standing retail casino business in Las Vegas and, to a lesser extent, Reno. There’s a lot of resistance to anything that would disrupt that. And for all its virtues, […]