Is reclusive billionaire’s stake in Flutter fuelling bets against it?
Polystyrene cup heir sitting on at least $3.66bn of paper losses on his stake in bookmaker Paddy Power’s parent
Flutter
Flutter investor Dart nears 30%, Erisbeg signs €175m deal
Business Today: The best news, analysis and comment from The Irish Times business desk
Foam-cup heir nears 30% Flutter stake but expected to avoid mandatory bid
While Paddy Power’s parent moved main listing and operational headquarters to New York, it remains incorporated in Dublin
Flutter to delist from London Stock Exchange two years after leaving Dublin for New York
Paddy Power and Betfair parent makes decision after analysis of the level of trading activity in its shares on the LSE and the cost of listing
Flutter’s Betfair unit targeted gambling addict, London court hears in landmark case
Flutter-owned company accused of worsening addiction of Luke Ashton before he took his life
Flutter’s New York move an excuse to boost executive pay, says shareholder
Group holds annual shareholder meeting in Dublin following tough year for its stock price
Flutter CEO will not travel for company’s AGM
Peter Jackson has opted not to travel for shareholders’ meeting as investors ponder near halving of the value of the shares this year
Short sellers reap more than $2bn profit betting against Paddy Power owner
Online groups under pressure from jump in prediction markets’ popularity in US and steep tax rises in UK
Flutter’s management reshuffle puts focus on chief executive Peter Jackson
Paddy Power parent has yet to show it can recover the dramatic decline in its share price after being outflanked in the US
European shares fall as investors mull Middle East peace prospects
Paddy Power owner Flutter gains in New York amid management overhaul
Betting giant Flutter overhauls management at US FanDuel unit
Flutter veteran Dan Taylor to oversee US business
Foam cup heir Kenneth Dart hits 25% stake in Flutter
Current value of the Cayman Islands-based septuagenarian’s stake is about €4.82 billion
More than 200 jobs expected to go as Ladbrokes to close 39 Irish shops
Ladbrokes operate just more than 100 betting shops across the country
Hammerson’s addition to Iseq 20 Index underlines problems for Dublin stock market
Rule changes to allow UK firm whose shares haven’t traded in Dublin since May is latest sign of challenges for Irish market
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