Flutter drops $4.18B, ups FanDuel stake to 95 percent

over 4 years in nationalpost

Flutter multiplied its stake in FanDuel, buying 37.2 percent of the company for $4.18 billion as part of an $11.2 billion valuation. Eilers & Krejcik published market research data that revealed FanDuel owns 33.4 percent of the U.S. betting market, more than any other company. Flutter, a gambling giant that owns FoxBet, Betfair, Paddy Power […]

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