Flutter Entertainment will cancel its London Stock Exchange listing on 3 August, citing low trading activity and high costs. The company, which is valued at £15bn, moved its primary listing to New York in 2024 after growth in its FanDuel operation. The decision follows similar exits by building materials group CRH and fintech Wise, both of which shifted their main listings to New York this year. Flutter’s London shares have roughly halved in value year to date amid concerns over the rise of US prediction markets.