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FanDuel, Flutter and Boyd

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.

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· 2d · on MSN

Flutter to buy Boyd Gaming's 5% FanDuel stake in $1.76 billion deal

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

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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