
Core Insights - Boyd Gaming Corporation has completed the sale of its 5% equity interest in FanDuel Group to Flutter Entertainment for cash proceeds of $1.758 billion [1][2] - The company plans to use the proceeds to repay existing debt and continue its strategy of investing in properties, pursuing growth opportunities, and returning capital to shareholders while maintaining a strong balance sheet [2] Company Overview - Boyd Gaming Corporation, celebrating its 50th anniversary in 2025, operates 28 gaming entertainment properties across 10 states and manages a tribal casino in northern California [4] - The company also owns and operates Boyd Interactive, a B2B and B2C online casino gaming business, and prides itself on providing outstanding entertainment experiences and customer service [4]