Boyd Gaming Sells FanDuel Stake, Secures Long-Term Market Access Fees

Boyd Gaming Corporation (NYSE:BYD) has agreed to divest its 5% stake in FanDuel Group to Flutter Entertainment plc (NYSE:FLUT) for $1.755 billion in cash. The deal is expected to be finalized in the third quarter of 2025, pending regulatory green lights. Boyd said it will channel the funds into…