Flutter Entertainment to Acquire Boyd Gaming’s 5% FanDuel Stake for $1.755 Billion
July 15, 2025
Boyd Gaming has agreed to sell its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.755 billion in cash. The deal is expected to close in Q3 2025, subject to regulatory approvals, and Boyd plans to use net proceeds to reduce debt. The parties will also revise their market-access agreements to extend the partnership through 2038 and update commercial terms for Boyd’s online and retail sportsbook operations.
- Buyers
- Flutter Entertainment
- Targets
- FanDuel Group, FanDuel
- Sellers
- Boyd Gaming
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
DraftKings to Acquire Golden Nugget Online Gaming in $1.56 Billion All-Stock Deal
August 9, 2021
Media & Entertainment
DraftKings Inc. entered into a definitive agreement to acquire Golden Nugget Online Gaming, Inc. in an all-stock transaction with an implied equity value of approximately $1.56 billion. The deal is expected to close in the first quarter of 2022 and is designed to expand DraftKings’ multi-brand iGaming and sports betting reach by leveraging Golden Nugget’s brand, customer database, and technology capabilities.
-
Boyd Gaming to Acquire Pala Interactive
November 1, 2022
Media & Entertainment
Boyd Gaming Corporation, through its wholly owned subsidiary Boyd Interactive Gaming Inc., entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for $170 million in cash. The acquisition is intended to advance Boyd’s iGaming strategy by gaining full control of Pala’s online gaming technology and services and integrating them with Boyd’s land-based operations.
-
Bruin Capital Acquires Oddschecker Global Media from Flutter
July 12, 2021
Media & Entertainment
Bruin Capital has agreed to acquire Oddschecker Global Media from Flutter Entertainment for up to $218 million, comprising roughly $190 million up front and $28 million in deferred, performance-based consideration. Bruin plans to expand Oddsckhecker’s offerings — including potential partnerships with teams and leagues — and to accelerate the business’s growth in the U.S.
-
Accel Entertainment Acquires Fairmount Holdings (FanDuel Sportsbook & Racetrack)
December 2, 2024
Consumer Products
Accel Entertainment, Inc. acquired Fairmount Holdings, owner of the FanDuel Sportsbook & Racetrack in Collinsville, Illinois, for approximately 3.45 million shares of Accel Class A-1 common stock. The deal adds a single-site racetrack, three OTB locations, a master sports betting license (in partnership with FanDuel) and a legislatively authorized casino development opportunity to expand Accel's locals gaming footprint.
-
Gambling.com Group to Acquire Odds Holdings (OddsJam) in $160 Million Accretive Deal
December 12, 2024
Data & Analytics
Gambling.com Group (Nasdaq: GAMB) entered into a definitive agreement to acquire Odds Holdings, Inc., the parent company of OddsJam, a real-time odds technology platform. The deal provides initial consideration of $80 million and potential additional contingent consideration of up to $80 million based on Odds Holdings’ performance through the end of 2026.
-
DraftKings Acquires Jackpocket for $750 Million
February 11, 2024
Media & Entertainment
DraftKings has reached an agreement to acquire Jackpocket, the leading U.S. digital lottery app, for total consideration of approximately $750 million. The deal consideration is ~55% cash funded from DraftKings’ balance sheet and ~45% paid in DraftKings Class A common stock, subject to customary adjustments and a stock-price collar mechanism.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.