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FanDuel, Boyd Gaming and Flutter

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$1.75 billion payoff ending Boyd Gaming investment in FanDuel

Boyd Gaming will sell its 5% stake in FanDuel for $1.75 billion, an all-cash transaction that will produce a windfall for the casino operator.

FanDuel valued at $31 billion following Flutter Entertainment/Boyd Gaming buyout

Flutter Entertainment announced it will pay $1.755 billion to Boyd Gaming for sole ownership of FanDuel. Here's what that means.

Boyd to sell remaining 5% FanDuel stake to Flutter for $1.76 billion

Boyd Gaming Corporation has reached a definitive agreement to sell its remaining 5% interest in FanDuel Group to Flutter Entertainment for approximately $1.76 billion in cash, a move that hands full ownership of the leading U.S. online betting operator to the Dublin-based gaming giant.

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 ...

Sports Business Journal48m

SBJ Betting: PrizePicks’ MLB team deals in California likely caught in a pickle

The California attorney general’s opinion that daily fantasy constitutes sports betting and is therefore illegal in the state ...

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