Flutter Entertainment has revealed its new listing on the New York Stock Exchange is expected to take place at the end of May having been approved by shareholders.

Flutter Entertainment

At the operator group’s AGM, 98.24 per cent of shareholders voted for the move, which is slated to happen on May 31.

Flutter had said it wanted a primary New York listing by late Q2 or early Q3.

The company confirmed in mid-January that its ordinary shares ceased trading on Euronet Dublin, but Flutter will keep its London Stock Exchange listing.

CEO Peter Jackson said in January: “With our NYSE listing effective today, this is a pivotal moment for the group as we make Flutter more accessible to US-based investors and gain access to deeper capital markets.

“We believe a US primary listing is the natural home for Flutter given FanDuel's number one position in the US, a market which we expect to contribute the largest proportion of profits in the near future."

Elsewhere, Flutter has appointed Nancy Cruicksank as chair of its Risk and Sustainability Committee, replacing David Lazzarato.

Lazzarato and Richard Flint have, as previously announced, decided not to seek re-election and have stepped downfrom the board with immediate effect from the conclusion of the AGM.

Cruickshank has also replaced Lazzara as a member of the Audit Committee.

Nancy Dubuc has been appointed as a member of the Risk and Sustainability Committee, but has stepped down from the Nominating and Corporate Governance Committee.

Dubuc has also replaced Cruickshank as a member of the Compensation and Human Resources Committee.