Boyd Gaming Complete the sale of Fanduel Holding To Flute

Boyd Gaming confirmed the completion of the previously announced agreement to sell the share share of 5 % in Fanduel for well -being.

The $ 1.75 billion transaction means that FLTER now has full ownership of the prominent American sports betting brand.

Despite this new situation, FLTER may have a mitigation of its shareholders and full control, as the current rights of Fox Corporation preserves 18.6 % of property rights on December 3, 2030.

The price of this deal is currently estimated at 4.5 billion dollars.

Besides selling the main address, Boyd Gaming is expected to benefit with Flute as part of a continuous strategic partnership until 2038.

The developer, who is based in Nevada, who mentioned The second -quarter revenue of one billion dollarsReferred to in press release Cash revenues will be used from a $ 1.75 billion deal to settle current debt obligations, while they will also seek new growth opportunities and a value return for shareholders.

FLTER is expected to win the low access costs of markets in the states where Boyd Gaming is the gatekeeper for the presence of Fanduel, where savings are expected to reach a sign of $ 65 million annually.

Iowa, Indiana, Kansas, Louisiana, and Pennsylvania were identified as major markets to secure this operational efficiency.

Nearly $ 1.75 billion, FLTER Entertainment is officially the luxury owner of 100 % of Fanduel*

*It is subject to the option of Fox Corp. Continuous to buy 18.6 % of Fanduel pic.twitter.com/bkpioqa5zh

Geoff Zochodne (Geoffzochodne) July 31, 2025

A future relationship with Fox

Fox’s stock option depends on a full cash payment and is subject to conditions, including licensing requirements. If they continue to do so, there will be a major impact on the flap and its ownership structure, but there is guaranteed protection in the deal from the high cost price and the conditions of the above licensing.

A valuable and growth lock can be canceled from possible partner partner agreements between Flute and Fox in the advanced media and sports books.

Also, as part of the main deal, Fanduel will continue to run the Boyd Gaming retail books outside Nevada until June next year, with BOYD hold fully after this point.

Until then, Boyd Gaming will receive fees for each case of Fanduel online operations.

Credit image: Vandayl