Does FanDuel have an alternative to DraftKings?

FanDuel parent Flutter listed on the New York Stock Exchange on Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, DraftKings. It’s a secondary listing for the international sportsbook, which will retain its primary listing on the London Stock Exchange and inclusion in the FTSE 100 index.

Does flutter own FanDuel?

In December 2020, Flutter Entertainment made a deal to boost its stake in FanDuel ahead of schedule, acquiring Fastball Holdings 37.2% minority interest for approximately $4.2 billion. Currently Flutter has a 95% stake in the U.S betting giant, with Boyd Gaming having the remaining stake.

Is FanDuel a discount to DraftKings?

Currently Flutter has a 95% stake in the U.S betting giant, with Boyd Gaming having the remaining stake. Currently, it appears that FanDuel -- via Flutter Entertainment -- is being valued at a discount to DraftKings.