Flutter increases income by 12% amid a decrease in US sports betting.

Shares in Flutter Entertainment surged 12% as the company revealed robust full year results.

Despite strong growth globally, Flutter US division fell short by $225 million due to unfavorable sports outcomes, particularly in the NFL, causing a $343 million impact.

The company, owner of Paddy Power and Betfair, plans to shift its primary listing to the New York Stock Exchange on January 29th, emphasizing continued strength in the US market.
 
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