Boyd Gaming partners with FanDuel

3 August 2018

(PRESS RELEASE) -- Boyd Gaming Corporation and FanDuel Group – a subsidiary of Paddy Power Betfair plc, a leading international sports betting and gaming operator — today announced that they have entered into a strategic partnership to pursue sports betting and online gaming opportunities across the United States.

The partnership brings together two of the largest and most geographically diversified companies in the gaming entertainment industry. Boyd Gaming is one of the largest and most experienced companies in the gaming industry, and will operate 29 casinos across 10 states upon the completion of two pending acquisitions. With eight million customers and a presence across 45 states, FanDuel Group is the largest online sports destination in the United States, with a range of products and experiences for all sports fans.

Under terms of the agreement, subject to state law and regulatory approvals, Boyd Gaming will establish a presence in the online gaming and sports wagering industry by leveraging FanDuel Group's technology and related services to operate Boyd Gaming-branded mobile and online sports betting and gaming services. In turn, FanDuel Group will establish and operate mobile and online sports betting and gaming services under the FanDuel brand in the states where Boyd Gaming is licensed.

"Through this partnership, Boyd Gaming and FanDuel Group will be in excellent position to successfully capitalize as sports betting and online gaming expand across the country," said Keith Smith, President and Chief Executive Officer of Boyd Gaming. "By joining forces with FanDuel's nationally-known brand, as well as their considerable technical expertise and resources, we will be positioned to build market-leading sports betting and online gaming operations in each state as they move forward with these new forms of entertainment. We will also see immediate benefits from our cross-marketing agreement with FanDuel, introducing millions of FanDuel customers to Boyd Gaming's properties nationwide."

"With more than 40 years of experience, Boyd Gaming is a leader in the gaming and entertainment space, and a natural partner as we continue to build a leading position in the sports betting market," said Matt King, Chief Executive Officer of FanDuel Group. "There is incredible momentum in the sports betting space and we look forward to partnering with Boyd Gaming to bring the FanDuel Sportsbook to more customers across the United States."

This agreement will cover all states where Boyd Gaming holds gaming licenses currently and in the future, excluding Nevada. It also covers states included under Boyd Gaming's market-access agreement with MGM Resorts International. Upon completion of Boyd Gaming's pending acquisitions of the four Pinnacle properties and Valley Forge, Boyd Gaming will have access in 15 states nationwide, representing more than 36% of the U.S. population.

The two companies will also engage in extensive co-branding and cross-promotional efforts. FanDuel Group will market Boyd Gaming properties through its existing daily fantasy sports service and future interactive sports betting and gaming services, while Boyd Gaming will promote FanDuel's products to its customer base. FanDuel Group will also provide Boyd Gaming customers access to its existing product line.

Moelis & Company LLC acted as exclusive financial advisor on the strategic partnership.

Related Links
Boyd Gaming Corporation Gaming Vendor Information
FanDuel Site Details
FanDuel Group Ownership Details
Flutter Ownership Details

Featured Vendors
Sunkist Graphics, Inc.
Rymax Marketing Services, Inc.
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
New Level Radio
AmericanChecked
New Level Radio
Your Casino. Your Music. Your Message.
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Talisman Group Creators of EZ Baccarat
Betson Imperial Parts & Service
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Network
Casino Schedule Ease
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Broadband Hospitality
.Dot-iGaming.com
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
TOP ONE TECH LIMITED
Slot Machines Unlimited
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience


Your Guide to 15,291 Gaming Industry Suppliers