Paddy Power owner Flutter pays €1.5bn to complete ownership deal for FanDuel 

Gambling giant purchased remaining 5% of FanDuel and deal values FanDuel at €26bn

Peter Jackson, chief executive of Flutter which has taken complete ownership of US betting and gaming business FanDuel. Mr Jackson said buying FanDuel was 'transformational' for Flutter.

Paddy Power owner Flutter has taken complete ownership of US betting and gaming business FanDuel.

The gambling giant said it has purchased the remaining 5% of FanDuel it did not own from Boyd for $1.76bn (€1.5bn).