{"id":157586,"date":"2020-12-07T04:00:26","date_gmt":"2020-12-07T12:00:26","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=157586"},"modified":"2021-06-30T10:10:56","modified_gmt":"2021-06-30T17:10:56","slug":"flutter-fanduel-spin-off-rumors-are-heating-up-following-stake-boost","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/flutter-fanduel-spin-off-rumors-are-heating-up-following-stake-boost\/","title":{"rendered":"FanDuel Spin-Off Talk Gains Steam Following Flutter Buyout of Fastball Stake"},"content":{"rendered":"
Last week, Flutter Entertainment Plc (OTC:PDYPY) said it’s paying $4.175 billion to buyout Fastball’s 37.2 percent interest in FanDuel. That boosts the Irish gaming company’s stake in the daily fantasy sports giant to 95 percent. The move is stoking chatter of a spin-off.<\/p>\n