Fluttr Entrtnmnt Stock Price, News & Analysis

Boyd Gaming (NYSE: BYD) has announced the sale of its 5% equity stake in FanDuel Group to Flutter Entertainment for $1.755 billion in cash. The transaction, expected to close in Q3 2025, will be used to reduce debt. Additionally, Boyd and FanDuel have extended their market-access agreements through 2038.

Under the revised agreements, Boyd will receive fixed fees from FanDuel's mobile sports-betting operations in five states and online casino operations in Pennsylvania. The Company's Online segment is projected to generate $50-55 million in operating income and Adjusted EBITDAR for 2025, and approximately $30 million in 2026. FanDuel will continue operating Boyd's retail sportsbooks outside Nevada through mid-2026, after which Boyd will assume these operations.

FanDuel Group (NYSE:FLUT), North America's leading online gaming company, has announced two significant executive appointments to strengthen its public policy expertise. Shailagh Murray joins as Senior Vice President of Public Affairs, bringing White House experience as former Senior Advisor to President Obama. Jonathan Nabavi becomes Vice President of Federal Affairs, leveraging his experience from the NFL and congressional roles.

These strategic hires aim to enhance FanDuel's role in shaping the regulated gaming industry's future, focusing on customer protection and state tax revenue generation. Murray's background includes executive positions at Columbia University and extensive journalism experience, while Nabavi brings expertise in sports betting policy from his NFL tenure.

FanDuel (NYSE:FLUT), North America's premier online gaming company, has launched a new creative platform called "Calling All Thrillionaires" for FanDuel Casino. The campaign, which went live on June 23, 2025, focuses on highlighting the thrilling experience and anticipation of playing on FanDuel Casino, particularly featuring the FanDuel Jackpots experience.

The campaign will be deployed across multiple channels including TV, digital, retail, radio, and OOH, initially targeting key markets in New Jersey, Pennsylvania, and Michigan. Two hero spots will be featured: "Mechanical Bulls" which launched in June, and "Haunted Home" scheduled for September release.

The initiative represents a strategic shift from traditional casino advertising that typically centers on offers, instead emphasizing the entertainment value and excitement of the FanDuel Casino experience. The campaign was developed in partnership with Orchard Creative, marking a new phase in FanDuel Casino's growth strategy.

["Strategic differentiation from competitors by focusing on experience rather than offers", "Multi-channel marketing campaign across major platforms", "Expansion in key markets (New Jersey, Pennsylvania, Michigan)", "Partnership with award-winning creative agency Orchard Creative"]

Flutter Entertainment has announced it will implement a $0.50 transaction fee per bet on its FanDuel platform in Illinois, effective September 1, 2025. This decision comes in response to the Illinois State legislature's introduction of a new betting transaction fee starting July 1, 2025. The company's CEO Peter Jackson expressed disappointment, noting that the state fee will particularly impact recreational bettors and could drive customers toward unregulated operators. This development follows a previous betting tax rate increase in Illinois in 2024, which FanDuel had absorbed without passing costs to customers. Flutter commits to removing their $0.50 fee if the state reverses its decision.

Flutter Entertainment (NYSE:FLUT) has announced the pricing of senior secured notes across three currencies, totaling approximately $2.3 billion. The offering includes:

• $1,000 million of USD notes at 5.875% due 2031
• €550 million of EUR notes at 4.000% due 2031
• £450 million of GBP notes at 6.125% due 2031

The notes will be issued by Flutter Treasury DAC at par value, with settlement expected around June 4, 2025. The proceeds, along with a new U.S. dollar-denominated term loan B facility, will be used to repay the bridge facility that partially funded the Snaitech S.p.A. acquisition, for general corporate purposes, and related transaction expenses. The notes will be listed on The International Stock Exchange.

Flutter Entertainment (NYSE: FLUT) has completed the acquisition of a 56% stake in NSX Group, operator of Brazilian brand Betnacional, for $350 million. The deal combines NSX with Flutter's existing Betfair Brazil business to create a stronger presence in the Brazilian market. NSX, which entered the market in 2021, has grown to become Brazil's fourth-largest operator by 2023. The transaction is expected to contribute $220 million in additional revenues but result in an adjusted EBITDA loss of $70 million in 2025. Flutter has the option to increase its shareholding through put/call arrangements in years five and ten. The acquisition aligns with Flutter's strategy to secure leadership positions in attractive international markets, leveraging Brazil's population of over 200 million and strong sports culture.

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Flutter Entertainment (NYSE:FLUT) has announced the launch of the third tranche of its share buyback program, commencing July 1, 2025. The company will repurchase shares for up to $225 million on the NYSE, with the program ending no later than September 30, 2025.

This buyback is part of Flutter's larger $5 billion multi-year share repurchase program announced in September 2024. The company expects to return approximately $1 billion to shareholders in 2025 through the program. Davy Securities will execute the buyback independently, with the repurchased shares to be cancelled.

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Flutter Entertainment (NYSE: FLUT) reported strong Q1 2025 results with net income growth of 289% and adjusted EBITDA growth of 20% year-over-year. The company maintained its US leadership with 43% sports betting market share and 27% iGaming market share. FanDuel reached 4.3M active monthly players (up 11%) and achieved a 14.1% sportsbook hold rate. Notable developments include the completion of Snai acquisition in Italy, pending NSX acquisition in Brazil, and continued share buyback program. International division saw 1% revenue growth (3% in constant currency), with strong performance in Southern Europe & Africa. Despite customer-friendly sports results during March Madness, pre-2024 US states showed 9% online revenue growth. The company's iGaming business reached 1 million active monthly players for the first time, demonstrating strong engagement with new features like site-wide jackpots.

Flutter Entertainment (NYSE:FLUT) reported strong Q1 2025 financial results with significant growth across key metrics. Revenue increased 8% to $3.67 billion, while net income surged to $335 million from a loss of $177 million in Q1 2024. The company's Adjusted EBITDA grew 20% to $616 million, with margin expanding 170bps to 16.8%. US operations showed remarkable growth with revenue up 18% and EBITDA increasing 5x to $161 million. International revenue remained stable with 1% growth. The company updated its 2025 guidance, expecting Group revenue of $17.08 billion and adjusted EBITDA of $3.18 billion, representing 22% and 35% year-over-year growth respectively, including contributions from recent acquisitions Snai and NSX.