{"id":137252,"date":"2020-05-30T13:03:23","date_gmt":"2020-05-30T20:03:23","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=137252"},"modified":"2020-05-30T18:20:13","modified_gmt":"2020-05-31T01:20:13","slug":"flutter-is-selling-equity-fox-ups-stake-in-bid-to-win-us-betting-share","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/flutter-is-selling-equity-fox-ups-stake-in-bid-to-win-us-betting-share\/","title":{"rendered":"Fox Ups Flutter Bet as FanDuel Parent Sells $1 Billion of New Equity"},"content":{"rendered":"
Fox Corp. (NASDAQ:FOXA) is boosting its stake in Betfair and Padd.yPower parent Flutter Entertainment.\u00a0 The world’s largest online gaming company said earlier this week it’s selling $1 billion worth of equity in a secondary offering.<\/p>\n