Paddy Power Betfair parent Flutter has extended its partnership with Boyd Gaming out to 2038 and bought out the group’s 5 per cent stake in gambling company FanDuel for $1.75 billion (€1.5 ...

Flutter Entertainment, the sports betting group behind Paddy Power, Betfair and Sky Betting and Gaming, has completed a deal to acquire full ownership of the FanDuel business in the US.

Flutter hailed an ‘excellent’ quarter thanks largely to its US business, which is led by FanDuel.

Paddy Power and Betfair owner Flutter has hiked its earnings outlook after the group’s FanDuel-led US business helped drive a better-than-expected recent performance. The world’s largest online sports ...