Flutter Entertainment announces completion of Boyd agreement to secure 100% ownership of FanDuel
Flutter Entertainment (NYSE:FLUT) has successfully completed two strategic transactions with Boyd Gaming Corporation: the extension of their strategic partnership until 2038 and the acquisition of Boyd's 5% stake in FanDuel Group. The market access savings from this transaction will take effect from July 1, 2025.
This move consolidates Flutter's control over FanDuel, securing complete ownership of the sports betting and iGaming platform.
Flutter Entertainment (NYSE:FLUT) ha portato a termine con successo due operazioni strategiche con Boyd Gaming Corporation: l'estensione della loro partnership strategica fino al 2038 e l'acquisizione della quota del 5% di Boyd in FanDuel Group. I risparmi derivanti dall'accesso al mercato grazie a questa operazione entreranno in vigore dal 1° luglio 2025.
Questa mossa consolida il controllo di Flutter su FanDuel, garantendo la proprietà completa della piattaforma di scommesse sportive e iGaming.
Flutter Entertainment (NYSE:FLUT) ha completado con éxito dos transacciones estratégicas con Boyd Gaming Corporation: la extensión de su asociación estratégica hasta 2038 y la adquisición del 5% de participación de Boyd en FanDuel Group. Los ahorros en acceso al mercado derivados de esta transacción entrarán en vigor a partir del 1 de julio de 2025.
Esta acción consolida el control de Flutter sobre FanDuel, asegurando la propiedad total de la plataforma de apuestas deportivas e iGaming.
Flutter Entertainment (NYSE:FLUT)는 Boyd Gaming Corporation과 두 건의 전략적 거래를 성공적으로 완료했습니다: 전략적 파트너십을 2038년까지 연장하고 Boyd가 보유한 FanDuel Group의 5% 지분을 인수한 것입니다. 이 거래로 인한 시장 접근 비용 절감은 2025년 7월 1일부터 적용됩니다.
이번 조치로 Flutter는 FanDuel에 대한 지배권을 강화하여 스포츠 베팅 및 iGaming 플랫폼의 완전한 소유권을 확보하게 되었습니다.
Flutter Entertainment (NYSE:FLUT) a réussi à finaliser deux transactions stratégiques avec Boyd Gaming Corporation : la prolongation de leur partenariat stratégique jusqu'en 2038 et l'acquisition de la participation de 5% de Boyd dans FanDuel Group. Les économies d'accès au marché issues de cette transaction prendront effet à partir du 1er juillet 2025.
Cette démarche consolide le contrôle de Flutter sur FanDuel, assurant la pleine propriété de la plateforme de paris sportifs et d'iGaming.
Flutter Entertainment (NYSE:FLUT) hat zwei strategische Transaktionen mit der Boyd Gaming Corporation erfolgreich abgeschlossen: die Verlängerung ihrer strategischen Partnerschaft bis 2038 und den Erwerb der 5%-Beteiligung von Boyd an der FanDuel Group. Die Einsparungen beim Marktzugang aus dieser Transaktion treten ab dem 1. Juli 2025 in Kraft.
Dieser Schritt festigt Flutters Kontrolle über FanDuel und sichert den vollständigen Besitz der Sportwetten- und iGaming-Plattform.
- Secured 100% ownership of FanDuel by acquiring remaining 5% stake
- Extended strategic partnership with Boyd Gaming until 2038
- Market access savings to be realized starting July 2025
- None.
DUBLIN and TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announces that it has completed the extension of its long-term strategic partnership with Boyd Gaming Corporation to 2038 and the buyout of Boyd's
About Flutter Entertainment plc
Flutter is the world’s leading online sports betting and iGaming operator, a market leading position in the US and across the world. Our ambition is to leverage our size and our challenger mindset to change our industry for the better. By Changing the Game, we believe we can deliver long-term growth while promoting a positive, sustainable future for all our stakeholders. We are well-placed to do so through the distinctive, global advantages of the Flutter Edge, which gives our brands access to group-wide benefits, as well as our clear vision for sustainability through our Positive Impact Plan.
Flutter operates a diverse portfolio of leading online sports betting and iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, Adjarabet and Betnacional.
To learn more about Flutter, please visit our website at www.flutter.com.
| Investor Relations: | Media Relations: |
| Paul Tymms, Investor Relations | Kate Delahunty, Corporate Communications |
| Ciara O'Mullane, Investor Relations | Lindsay Dunford, Corporate Communications |
| Chris Hancox, Investor Relations | Rob Allen, Corporate Communications |
| Email: investor.relations@flutter.com | Email: corporatecomms@flutter.com |
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FAQ
What ownership percentage does Flutter Entertainment now have in FanDuel after buying Boyd's stake?
How long is Flutter's extended partnership agreement with Boyd Gaming?
When will the market access savings from Flutter's Boyd Gaming deal become effective?
What is the significance of Flutter Entertainment's buyout of Boyd's FanDuel stake?
