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Flutter Stock Soars As Paddy Power Owner Agrees Merger With Stars Group

2nd October, 10:56

U.K. betting giant Flutter has agreed to buy Canadian online gaming company The Stars Group, creating the world's largest online betting operator.

Flutter, formerly known as Paddy Power Betfair, said the merger with the Sky Bet and PokerStars owner, would leave it ideally placed to capitalise on the booming U.S. sports betting industry.

The...

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