For Monday's listing ceremony at the New York Stock Exchange, Flutter brought out the stars.
Flutter CEO Peter Jackson traveled across the Atlantic for Monday's bell ringing, where the gambling conglomerate debuted at upwards of $200 a share. He was joined by FanDuel counterpart Amy Howe and Kay Adams, host of an eponymous morning show on FanDuel TV. Finally, Rob Gronkowski paraded around the famed trading floor with a FanDuel drum line, then punctuated the listing with a patented spike, reminding investors of his touchdown celebrations with the New England Patriots.
Nearly six years after the Supreme Court's PASPA decision, Flutter's secondary listing on the NYSE represents one of the most noteworthy achievements for the gaming giant, according to Howe, the CEO of FanDuel.
FanDuel ended last year as the nation's leader in online sports betting (OSB) with a U.S. market share of 51% by net revenue. The operator, the definitive leader on the OSB market, is the first major U.S. sportsbook that delivered profitability since PASPA.