Fox sues Flutter over FanDuel stake

7 April 2021

Fox Corporation has filed suit against Flutter Entertainment to enforce its rights to acquire an 18.6% ownership interest in FanDuel Group for the same price that Flutter paid for that interest in December 2020. The suit was filed as an arbitration before JAMS in New York, NY by consent of the parties.

Fox wants to pay the same price for the stake in FanDuel as Flutter had paid in December, while the latter has argued that Fox must pay a “fair market value” to exercise the option in July, CNBC reported.

Flutter merged its U.S. business with FanDuel in 2018 and raised its FanDuel holding to 95% in December in a $4.18 billion deal. Flutter Entertainment is the owner to Paddy Power Betfair, which was formed following a merge in 2016.

Related Links
Betfair Site Details
FanDuel Site Details
Fox Group Gaming Vendor Information
Paddy Partners Affiliate Program Information

Featured Vendors
Top One Tech Limited
Slot Machines Unlimited
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Regulatory Management Counselors, PC
Dable Advisory & Consulting Services
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
Sunkist Graphics, Inc.
Casino Schedule Ease
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
TribalHub
AmericanChecked
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Casino Network
Rymax Marketing Services, Inc.
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Talisman Group Creators of EZ Baccarat
Players Pal
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Shenzhen ZhengYuanTai Technology Co., Ltd.
Imagine This
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Texas Slots & Gaming
Betson Imperial Parts & Service
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino City Press
Oklahoma Indian Gaming Association (OIGA) Conference
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City


Your Guide to 14,943 Gaming Industry Suppliers