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  • Writer's pictureVictoria Parrott

As FanDuel parent Flutter starts trading on NYSE, CEO expects Super Bowl bets to ‘break records’.

Marketwatch: Flutter said Monday that it’s planning to make the New York Stock Exchange its primary listing and will put that to a vote of its shareholders in May. Making the NYSE its home, rather than London, will help it get included in important U.S. indexes, the company said.

Flutter CEO Peter Jackson spoke with Yahoo Finance about the company after it started trading on Monday. The total addressable U.S. sports betting market is expected to reach $40 billion by 2023 — but Jackson thinks that’s lowballing it. “I expect [$40 billion] will turn out to be conservative, because everything in America turns out bigger than you expect,” he said.

And when asked about betting on the Super Bowl matchup between the Kansas City Chiefs and the San Francisco 49ers, he said, “We’ll break records in a couple of weeks time.”

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