The Nevada Gaming Commission (NGC) recently approved a gaming license for Holly Koeppel, a member of the board of directors for Flutter Entertainment, just ahead of the company’s upcoming listing on the New York Stock Exchange (NYSE).
Koeppel, who also serves as the audit committee chairwoman for Flutter, joined the company’s board in 2021 and took on the audit committee role in the following year. She has a background in finance and previously held positions at Corsair Capital LLC and Citigroup.
In addition to her role at Flutter, Koeppel serves as a non-executive director at several other companies, including AES Corporation, Arch Resources, Inc., and British American Tobacco Plc.
The timing of Koeppel’s licensing in Nevada coincides with Flutter’s decision to delist its common stock from Euronext Dublin in preparation for its NYSE listing. The company plans to maintain its listing on the London Stock Exchange (LSE) and will trade under the ticker symbol “FLUT” in the U.S.
Flutter’s portfolio includes well-known wagering brands such as Betfair, Paddy Power, PokerStars, and Sisal, in addition to FanDuel. While Flutter has limited operations in Nevada, it provides odds and branding for the Fremont Hotel Casino sportsbook in downtown Las Vegas.
At a recent NGC meeting, Commissioner Ogonna Brown spoke highly of Koeppel, describing her as “fierce, eloquent, and polished.” Koeppel is one of four women serving as independent non-executive directors on the Flutter board, which is chaired by former Kellogg CEO John Bryant.
Despite Flutter’s limited presence in Nevada, Koeppel’s licensing approval is seen as a significant development ahead of the company’s NYSE listing, where it will become one of the largest publicly traded gaming companies in the U.S. market.