Investors 26 Funding FanDuel has raised a total of $416.2M in funding over 9 rounds. FanDuel's latest funding round was a Acq - P2P for $4,200M on December 3, 2020. Flutter had previously agreed to buy out Fastballs stake by 2023, a deal that could have put it on the hook for a lot more than FanDuels valuation of more than $11 billion at this price. And this transaction is really about accelerating Flutters investment in the U.S. market.. Flutter projects that its potential gross gaming revenue, in the states it operates in, could be worth as much as $9.1 billion at maturity. Phil Murphy to Deliver Keynote at 25th Annual East Coast Gaming Congress, NASCAR Weekend in Las Vegas Kicks Off with Strip Hauler Parade, UK National Lottery Contract Given To Allywn Entertainment, Camelot Out, Atlantic Club Owner Says Condition of Former Atlantic City Casino Worse than Anticipated, Thai Dice Cheat Sewed Magnets into Fingertips, Las Vegas Only Gay-Owned and Targeted Boutique Hotel Opening Soon, Oakland As, Red Rock Resorts Close to Las Vegas MLB Stadium Pact, Gateway Casinos Confirms Cyberattack on Ontario IT Infrastructure, VEGAS MYTHS RE-BUSTED: Las Vegas Strip is in the City of Las Vegas, Gateway Casinos to Reopen Ontario Properties Following Cyberattack, Southwest Flights Delayed, Canceled at Harry Reid Airport, Lake Meads Deepest Water Intake Opening May No Longer be Deep Enough to Serve Las Vegas, Station Casinos Unveils NFT Loyalty Program, Jason Harris to Run for Catawba Chief, Provides Update on Two Kings Casino, Colorados Monarch Casino Site of Alleged $500K Theft by Cashier, Formula 1 Gives Sneak Peek of Las Vegas Grand Prix Paddock Construction, Gateway Casinos Say Ontario Properties Suffered Cybersecurity Incident, Casino Crime Round Up: Buffalo Casino Temporarily Shutters After $100K in Fire Damage, Coney Island Community Board Opposes $3B Casino, Says 'We Don't Want It', Pair Accused of Arson at 3 Las Vegas Strip Casinos, Las Vegas Crime Round Up: Horseshoe Las Vegas Hotel Fire Leads to Injuries, MGM Crushes Q1 Estimates as Las Vegas Revenue Soars to $2.2 Billion. Fox Sports, which owns 2.5% of Flutter, has an option to buy an additional 18.5% stake in FanDuel in July.. I think its probably a small discount but $11.5 billion and $559 million is a pretty big difference.. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below.
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