Flutter Entertainment
Arbitrator rules Fox can purchase stake in $22bn-valued FanDuel
An arbitrator in New York has ruled media conglomerate Fox Corporation can exercise an option to acquire a significant stake in Flutter Entertainment-owned FanDuel Group…
Flutter agrees $300m Kentucky settlement
PokerStars owner Flutter Entertainment has agreed to pay a $200m settlement to the Commonwealth of Kentucky, bringing an end to the long-running legal dispute between…
Amy Howe appointed FanDuel’s interim CEO
Amy Howe has been named FanDuel Group’s interim chief executive in the wake of Matt King’s recent decision to quit the US gaming operator. Owner…
Paysafe expands FOX Bet partnership into Michigan
Online payments provider Paysafe has extended its partnership with Fox Bet, to offer its digital payment services to the sport betting operator’s customers in Michigan.…
State of the Union: New York, Flutter, Wyoming and more
This week’s State of the Union, in partnership with Segev LLP, includes plans to legalize mobile betting in New York – albeit with a controversial…
Fox sues Flutter over pricing of FanDuel stake
Media giant Fox Corporation has filed an arbitration suit against Flutter Entertainment, as the businesses dispute the purchase price of Fox’s option to acquire an…
KY court rejects Flutter bid for new hearing on $870m judgement
The Kentucky Supreme Court has denied Flutter Entertainment’s request for a new hearing on a decision that could see the operator ordered to pay $870m…
Flutter Entertainment to consider FanDuel IPO in US
Flutter Entertainment has revealed it is considering and initial public offering (IPO) of its US-focused FanDuel sports betting and fantasy sports business. The operator issued…
FanDuel hires Ticketmaster COO as first president
Flutter Entertainment’s US arm FanDuel Group has hired Amy Howe, previously global chief operating officer for ticket sales and distribution giant Ticketmaster, to the newly…
Transformational 2020 sees Flutter revenue reach £4.40bn
Flutter Entertainment’s revenue more than doubled on a like-for-like basis in 2020, after the operator completed its acquisition of The Stars Group and bought out…
Against the grain
While there has been widespread evidence of operators and suppliers bringing in digital expertise to complement their land-based know-how, there are few examples of travel…
KY Supreme Court restores $870m Stars Group judgement
Flutter Entertainment said it was “wholly surprised” by the Kentucky Supreme Court’s decision to reinstate a $870m judgement related to legacy activities of The Stars…
Flutter details £1.1bn share placing for FanDuel deal
Flutter Entertainment has revealed the details of the cash-generating new share issue launched to raise £1.1bn towards its increased stake in FanDuel. The group that…
Flutter ups FanDuel stake to 95% in $4.18bn deal
Paddy Power Betfair and Pokerstars owner Flutter Entertainment has conditionally agreed to purchase a further 37.2% stake in US betting and daily fantasy sports brand…