{"id":157326,"date":"2020-12-03T08:14:28","date_gmt":"2020-12-03T16:14:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=157326"},"modified":"2020-12-03T10:30:44","modified_gmt":"2020-12-03T18:30:44","slug":"flutter-is-raising-its-fanduel-stake-to-95-percent-in-4-2-billion-deal","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/flutter-is-raising-its-fanduel-stake-to-95-percent-in-4-2-billion-deal\/","title":{"rendered":"Flutter Increases FanDuel Stake to 95 Percent in $4.17 Billion Transaction"},"content":{"rendered":"
Flutter Entertainment Plc (OTC:PDYPY) is shelling out $4.175 billion to acquire 37.2 percent of FanDuel controlled by Fastball Holdings LLC. The transaction will increase the Irish gaming company’s stake in the sportsbook operator to 95 percent from 57.8 percent.<\/p>\n