Boyd Gaming Sells Stake in FanDuel for $1.755B – TipRanks.com

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Boyd Gaming ( (BYD) ) has issued an announcement.

On July 10, 2025, Boyd Gaming announced the sale of its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.755 billion, with the transaction expected to close in the third quarter of 2025. This move is set to strengthen Boyd’s financial position, allowing it to reduce debt and continue investing in growth opportunities. The sale also includes new market-access agreements with FanDuel, extending through 2038, which will enhance Boyd’s revenue from FanDuel’s operations in several states. Boyd Gaming anticipates significant operating income from these agreements, highlighting the successful partnership with FanDuel in the rapidly growing sports betting industry.

The most recent analyst rating on (BYD) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on Boyd Gaming stock, see the BYD Stock Forecast page.

Spark’s Take on BYD Stock

According to Spark, TipRanks’ AI Analyst, BYD is a Outperform.

Boyd Gaming’s overall stock score reflects strong financial performance and positive sentiment from the latest earnings call. Technical indicators suggest bullish momentum, although caution is warranted due to potential overbought conditions. The valuation appears fair, supporting the stock’s attractiveness in the market.

To see Spark’s full report on BYD stock, click here.

More about Boyd Gaming

Boyd Gaming Corporation, celebrating its 50th anniversary in 2025, is a leading operator of 28 gaming entertainment properties across 10 states in the U.S. It also manages a tribal casino in northern California and operates Boyd Interactive, a B2B and B2C online casino gaming business. The company is known for its experienced leadership and commitment to providing outstanding entertainment experiences and customer service.

Average Trading Volume: 1,045,836

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.48B

For detailed information about BYD stock, go to TipRanks’ Stock Analysis page.

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