Parent company of FanDuel begins NYSE trading as online betting industry booms

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1 of 5 | Flutter CEO Peter Jackson and former NFL player Rob Gronkowski (with arms raised, R) help ring the opening bell at the New York Stock Exchange on Monday. Photo by John Angelillo/UPI | License Photo

Jan. 29 (UPI) — The world of online betting is getting more competitive now that the parent company for FanDuel on Monday was listed on the New York Stock Exchange in its second and primary listing after the London Stock Exchange.

Flutter — FanDuel’s parent company — was listed on the NYSE in what is its first U.S. listing under the FLUT designation after Flutter previously was placed for trading on London’s exchange.

FanDuel is Flutter’s largest and most important U.S. market for revenue growth and, along with DraftKings, is among the top performing online gaming platforms.

Former National Football League tight end Rob Gronkowski was on hand during Monday’s show at the NYSE for FanDuel.

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