{"id":157458,"date":"2020-12-04T19:27:55","date_gmt":"2020-12-05T03:27:55","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=157458"},"modified":"2020-12-04T19:50:41","modified_gmt":"2020-12-05T03:50:41","slug":"flutter-credit-rating-unlikely-to-fall-following-increased-fanduel-stake","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/flutter-credit-rating-unlikely-to-fall-following-increased-fanduel-stake\/","title":{"rendered":"Flutter US Growth Plans Won’t Hinder Credit Rating"},"content":{"rendered":"
Flutter Entertainment Plc (OTC:PDYPY) made waves in the sports betting universe on Dec. 3, saying it’s paying $4.175 billion to Fastball Holdings LLC to purchase 37.2 percent of FanDuel. It’s a move that ups the Irish company’s stake in the US sportsbook operator to 95 percent from 57.8 percent.<\/p>\n