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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Boyd Gaming Sells FanDuel Stake, Secures Long-Term Market Access Fees

Fanduel Boyd Boyd Gaming FLUT Flutter BYD Flutter Entertainment Flutter Entertainment Plc Keith Smith Peter Jackson
Business,Handshake,For,Teamwork,Of,Business,Merger,And,Acquisition,successful,Negotiate,hand

Boyd Gaming Corporation (NYSE:BYD) has agreed to divest its 5% stake in FanDuel Group to Flutter Entertainment plc (NYSE:FLUT) for $1.755 billion in cash.

The deal is expected to be finalized in the third quarter of 2025, pending regulatory green lights.

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