Flutter Entertainment said it will scrap its secondary London listing, ending a three‑year experiment that added little liquidity. The company pointed to high costs and persistently low trading volumes as the main reasons for the pull‑back. Removing the extra venue will concentrate share activity on its primary markets and reduce regulatory burden for shareholders and improve cost efficiency.

The London tier was launched in 2021 to broaden Flutter’s investor base beyond Dublin and New York exchanges. In practice, daily turnover rarely breached a few million pounds, far below the cost of compliance, reporting and market‑maker obligations. Analysts noted the dual‑listing added complexity without delivering material capital‑raising advantage. The listing also required quarterly reporting to the FCA, adding administrative strain.

By shedding the secondary venue, Flutter expects a leaner corporate structure and lower ongoing expenses. Shareholders will retain exposure through the primary listing, which already enjoys robust trading depth. The move underscores the firm’s focus on profitability rather than market expansion, delivering a clearer ownership picture for investors. It also removes the need for a separate UK investor relations team, further cutting overhead.