Flutter Entertainment bets big on Brazil with $350m acquisition of NSX Group

Flutter Entertainment bets big on Brazil with $350m acquisition of NSX Group

Flutter Entertainment, the world’s leading online sports betting and iGaming operator, has made a significant move to expand its presence in Brazil by acquiring a 56% stake in NSX Group, the operator behind the Betnacional brand, for approximately $350 million. This acquisition marks a strategic push by Flutter into one of the most rapidly growing […]

Flutter Entertainment to acquire 51% stake in MaxBet to boost growth in Serbia

Flutter Entertainment to acquire 51% stake in MaxBet to boost growth in Serbia

Flutter Entertainment plc (“Flutter”) has sealed a game-changing deal by acquiring an initial 51% stake in MaxBet, Serbia’s second-largest omni-channel sports betting and gaming operator, in exchange for €141 million (£123 million) in cash. The icing on the cake is that Flutter retains the option to acquire the remaining 49% in 2029, securing a strategic […]

Flutter Entertainment to acquire Fastball’s stake in FanDuel for $4.1bn

Flutter Entertainment to acquire Fastball’s stake in FanDuel for $4.1bn

Flutter Entertainment, an Ireland sports betting and gaming group, has signed a deal to acquire its subsidiary Fastball Holdings’ 37.2% stake in US-based sports betting company FanDuel Group for $4.175 billion. The deal is conditional on the shareholder approval of Flutter Entertainment, which was formerly called formerly Paddy Power Betfair. It will increase the Irish […]