Flutter Entertainment, the global gaming and entertainment company, is set to list its shares on the NYSE next week. In preparation for the listing, the company has obtained licensing approval for board member Holly Koeppel to serve as the chair of its audit committee from the Nevada Gaming Commission, as reported by CDC Gaming Reports.

Koeppel, who was appointed to Flutter’s board in 2021 and has been serving as the senior independent director and audit chair since 2022, brings with her extensive experience in overseeing audit processes. In response to the Commission’s licensing, Koeppel emphasized the importance of staying abreast of ever-changing regulations and industry dynamics, stressing the significance of ethical conduct and adaptability for success.

During the licensing hearing, Commissioner Brian Krolicki raised concerns about Koeppel’s capacity to fulfill her roles given her existing commitments as chair of audit committees at other companies. Koeppel acknowledged the challenges but assured the commission of her ability to effectively manage her responsibilities.

Flutter recently released its Q4 results, reporting a 12% increase in the number of average monthly players (AMPs) year-over-year. The company also posted a revenue of £2.67 billion ($3.38 billion) for Q4 2023, marking an 11% increase compared to the same period in 2022. Chief Executive Peter Jackson expressed optimism about Flutter’s continued momentum and anticipated sustained growth in 2024 and beyond.

The approval of Holly Koeppel’s licensing and the positive Q4 results reflect the company’s strong position as it prepares for its upcoming NYSE listing.

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