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Flutter Entertainment buys full ownership of FanDuel Group for $1.755B, saving $65M annually.
Flutter Entertainment is acquiring the remaining 5% stake in FanDuel Group from Boyd Gaming for about $1.755 billion, achieving full ownership.
This deal extends their partnership until 2038 and is expected to save Flutter around $65 million annually.
The transaction, subject to approvals, is set to complete in Q3 2025, with funding coming from new debt.
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Flutter Entertainment compra la propiedad completa de FanDuel Group por $1.755B, ahorrando $65M anualmente.