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

Fox sues Flutter over FanDuel stake is republished from iGamingAffiliatePrograms.com

Featured Vendors


AmericanChecked Background checks for the gaming industry with key & non-key packages & fingerprinting solutions	Texas Slots & Gaming Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.

Rymax Marketing Services, Inc. Leader in creating award winning player & employee loyalty programs & events proven to increase ROI	Oklahoma Indian Gaming Association (OIGA) Conference The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City

Casino City Press A leading publisher and distributor of casino and gaming business data and market research reports.	Casino Schedule Ease Full Featured & customizable for the complex scheduling needs of table games & other casino depts

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

Casino Network 20+ years experience selling refurbished slot machines, parts & glass for all major brands	Slot Machines Unlimited Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience

Sunkist Graphics, Inc. Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more	Betson Imperial Parts & Service Your one stop shop for all your gaming and OEM needs!

Global Gaming Expo (G2E) The largest gathering of global, commercial and tribal gaming professionals in North America.	Top One Tech Limited Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application

Players Pal Revolutionize the way you connect with your casino players with the Players Pal mobile app	TribalHub 25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas

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!