Boyd Gaming says FanDuel stake sale does not signal further deals
Boyd Gaming said the sale of its 5% stake in FanDuel was not a precursor to another transaction, according to comments from chief executive Keith Smith on the company’s Q2 2025 earnings call. The sale to Flutter Entertainment is expected to generate $1.4bn in after-tax proceeds, and Boyd said it remains open to regional acquisitions that meet its criteria.
Boyd’s proceeds and acquisition comments inform investors and potential regional casino counterparties about its capital-allocation plans.