The Paddy Power and Betfair owner saw shares slump by more than a tenth in early trading.
Gambling giant Flutter saw customer-friendly sports results and weak horse racing in Australia drag on trading, as it said earnings excluding the US market would be at the bottom of previous targets.
The world’s biggest online gambling firm also announced plans to delist from the stock market in Dublin when it adds a New York listing in the first quarter of 2024. Gaming revenues soared by 26% for the period, offsetting slower growth in its sports business, which recorded a 4% rise. It comes after rivals Entain, which owns Ladbrokes, and 888 both cautioned over profits in recent months.
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