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Boyd Gaming selling stake in FanDuel

InsideBitcoins · 8h

Flutter Entertainment Completes Strategic Acquisition of FanDuel’s Remaining Stake in Record-Breaking Deal

The US online sports betting market has evolved into a clear duopoly, with FanDuel and DraftKings controlling approximately 67% of the total market share. FanDuel holds 43% of sports betting gross gaming revenue and 27% of iGaming revenue, while DraftKings commands approximately 25% of the sports betting market.

Reuters on MSN · 2d

Flutter to Buy Boyd Gaming's 5% FanDuel Stake in $1.76 Billion Deal

(Reuters) -Flutter Entertainment will buy Boyd Gaming's 5% stake in FanDuel in a deal worth about $1.76 billion, giving it complete ownership of the online betting operator, the companies said on Thursday.

The Wall Street Journal on MSN · 2d

Flutter to Buy Boyd Gaming’s Stake in FanDuel

Flutter Entertainment is buying the remaining stake in FanDuel to take full ownership of the sports-betting platform, which is now valued at $31 billion.

Flutter acquires Boyd’s stake to gain 100% of FanDuel

Flutter secures full FanDuel ownership with $1.755B Boyd stake buyout, strengthening US market presence and growth strategy.

Boyd Gaming Sells FanDuel Stake, Secures Long-Term Market Access Fees

Boyd will use the $1.76B proceeds from the FanDuel sale to reduce its $3.5B debt. Flutter expects $65M in annual savings ...

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