The Stars Group, which acquired Sky Betting and Gaming for $4.7bn is to merge with Flutter Entertainment PLC. The move would create the largest online betting and gaming company in the world, with incomes of around £3.8bn. Flutter is the owner of Paddy Power and Betfair and the combined operation would be incorporated and headquartered in Dublin, Ireland. Its main listing would be on the London Stock Exchange, with a secondary listing on Euronext Dublin.