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Flutter Entertainment announces completion of Boyd agreement to secure 100% ownership of FanDuel

1. Flutter extends partnership with Boyd Gaming to 2038. 2. Flutter buys Boyd's 5% stake in FanDuel Group. 3. Market access savings from the transaction will begin July 2025. 4. Flutter aims for long-term growth and sustainability in their operations. 5. Company operates multiple leading iGaming brands worldwide.

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FAQ

Why Bullish?

The partnership extension with Boyd and FanDuel buyout solidifies Flutter's market position, historically increasing investor confidence in similar expansions.

How important is it?

The partnership and ownership adjustment are vital for Flutter's continued competitive edge, likely influencing long-term investor sentiment positively.

Why Long Term?

The strategic partnership and acquisition set the groundwork for durable market leverage and growth, as seen in previous partnerships in the sector.

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BYDFDL
July 31, 2025 09:08 ET  | Source: Flutter Entertainment PLC DUBLIN and TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (“Flutter”) (NYSE:FLUT, LSE:FLTR), the leading online sports betting and iGaming operator, today announces that it has completed the extension of its long-term strategic partnership with Boyd Gaming Corporation to 2038 and the buyout of Boyd's 5% stake in FanDuel Group. As previously announced the market access savings secured as part of the transaction will be effective July 1, 2025. About Flutter Entertainment plc Flutter is the world’s leading online sports betting and iGaming operator, a market leading position in the US and across the world. Our ambition is to leverage our size and our challenger mindset to change our industry for the better. By Changing the Game, we believe we can deliver long-term growth while promoting a positive, sustainable future for all our stakeholders. We are well-placed to do so through the distinctive, global advantages of the Flutter Edge, which gives our brands access to group-wide benefits, as well as our clear vision for sustainability through our Positive Impact Plan. Flutter operates a diverse portfolio of leading online sports betting and iGaming brands including FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, Snai, tombola, Betfair, MaxBet, Junglee Games, Adjarabet and Betnacional. To learn more about Flutter, please visit our website at www.flutter.com. Investor Relations:Media Relations:Paul Tymms, Investor RelationsKate Delahunty, Corporate CommunicationsCiara O'Mullane, Investor RelationsLindsay Dunford, Corporate CommunicationsChris Hancox, Investor RelationsRob Allen, Corporate CommunicationsEmail: investor.relations@flutter.comEmail: corporatecomms@flutter.com   This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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