Flutter Considering Spinoff and IPO of U.S. Betting Unit FanDuel
Monday 15 de March 2021 / 10:44
2 minutos de lectura
(United States).- Flutter Entertainment Plc said it is looking at options for its U.S. sports betting business FanDuel Inc., including an IPO, the U.K.-based mobile gaming company said in a statement.
It is considering a listing in the U.S. of a “small shareholding” in FanDuel, but has yet to make a final decision, Flutter said. CNBC reported Friday that the company was under pressure to examine a spinoff and share sale of the unit from some investors, who have expressed frustration that Flutter is trading at a discount to DraftKings Inc. despite FanDuel’s status as the largest competitor in the U.S.
“Flutter regularly evaluates its organizational and capital structure to assess how best to position itself to deliver upon the group’s strategy,” the company said in the statement. “Should a decision be made to proceed with a listing in due course, an announcement will be made as appropriate.”
Fox Sports owns 2.5% of Flutter and has an option to buy an additional 18.5% in FanDuel in July. Clearing up Fox Sport’s ownership could delay a spinoff of the company, CNBC reported, citing people familiar with the matter.
Categoría:Sportsbook
Tags: Sin tags
País: United States
Event
ICE Barcelona 2026
19 de January 2026
Tomás Galarza: "This edition of ICE was especially relevant for ASAP"
(Barcelona, SoloAzar Exclusive). Following his participation in ICE Barcelona 2026, Tomás Galarza, a Political Science graduate and foreign trade expert at ASAP, shares his insights on global trends, international business opportunities, and the company's strategic priorities for this year.
Wednesday 04 Feb 2026 / 12:00
Win Systems Expands Presence in Spain and Highlights Route Operations at ICE 2026
(Barcelona).- At ICE 2026 in Barcelona, Win Systems showcased its innovative gaming solutions for the Spanish market, emphasizing Player Tracking, Win Pay, and route operations to enhance operator performance and player engagement.
Wednesday 04 Feb 2026 / 12:00
Spintec Showcases Next-Generation Electronic Table Games at ICE Barcelona 2026
(Volcja Draga).- Spintec reinforced its position as a leading innovator in electronic table games during ICE Barcelona 2026, standing out within The Merkur Group’s expansive exhibition through a diverse portfolio of immersive products focused on player comfort, dynamic gameplay and efficient use of gaming floor space.
Tuesday 03 Feb 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.