<!DOCTYPE html><html lang="en-US" prefix="og: https://ogp.me/ns#"><head><meta charset="UTF-8"><meta name="viewport" content="width=device-width, initial-scale=1"><link rel="stylesheet" id="ao_optimized_gfonts" href="https://fonts.googleapis.com/css?family=Roboto%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CRoboto%20Slab%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CBebas%20Neue%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CInter%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CRoboto%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CRoboto%20Slab%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CBebas%20Neue%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CInter%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CRoboto%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CRoboto%20Slab%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CBebas%20Neue%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic%7CInter%3A100%2C100italic%2C200%2C200italic%2C300%2C300italic%2C400%2C400italic%2C500%2C500italic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic%2C900%2C900italic&display=swap" /><link rel="profile" href="https://gmpg.org/xfn/11"> <script>!function()var e=;e.g=function()if("object"==typeof globalThis)return globalThis;trynew Function("return this")()catch(e)if("object"==typeof window)return window(),function(n)(n)+)\/([i]*)$","isCustomizePreview":false,"isAmpDevMode":false)();</script> <!-- Search Engine Optimization by Rank Math PRO - https://s.rankmath.com/home --><link media="all" href="https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_16950fd76d0a465ef48be8016321a36f.css" rel="stylesheet" /><title>Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022</title><noscript></noscript><meta name="description" content="Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company, which said that Fox"/><meta name="robots" content="follow, index, max-snippet:-1, max-video-preview:-1, max-image-preview:large"/><link rel="canonical" href="https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/" /><meta property="og:locale" content="en_US" /><meta property="og:type" content="article" /><meta property="og:title" content="Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022" /><meta property="og:description" content="Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company, which said that Fox" /><meta property="og:url" content="https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/" /><meta property="og:site_name" content="User's blog" /><meta property="article:tag" content="casino" /><meta property="article:tag" content="free online slot games" /><meta property="article:tag" content="gambling" /><meta property="article:tag" content="slot machines" /><meta property="article:section" content="Industry News" /><meta property="article:published_time" content="2022-11-05T19:53:51+00:00" /><meta name="twitter:card" content="summary_large_image" /><meta name="twitter:title" content="Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022" /><meta name="twitter:description" content="Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company, which said that Fox" /><meta name="twitter:label1" content="Written by" /><meta name="twitter:data1" content="GDP Admin" /><meta name="twitter:label2" content="Time to read" /><meta name="twitter:data2" content="1 minute" /> <script type="application/ld+json" class="rank-math-schema-pro">"@context":"https://schema.org","@graph":["@type":"Organization","@id":"https://www.zitobox.com/blog/#organization","name":"Zitobox","url":"https://www.zitobox.com/blog","@type":"WebSite","@id":"https://www.zitobox.com/blog/#website","url":"https://www.zitobox.com/blog","name":"Zitobox","publisher":"@id":"https://www.zitobox.com/blog/#organization","inLanguage":"en-US","@type":"ImageObject","@id":"https://www.zitobox.com/blog/wp-content/webpc-passthru.php?src=https://www.hollywoodreporter.com/wp-content/uploads/2022/11/GettyImages-1132383737-H-2022.jpg&nocache=1?w=1024","url":"https://www.zitobox.com/blog/wp-content/webpc-passthru.php?src=https://www.hollywoodreporter.com/wp-content/uploads/2022/11/GettyImages-1132383737-H-2022.jpg&nocache=1?w=1024","width":"200","height":"200","caption":"Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules","inLanguage":"en-US","@type":"BreadcrumbList","@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#breadcrumb","itemListElement":["@type":"ListItem","position":"1","item":"@id":"https://www.zitobox.com/blog","name":"Home","@type":"ListItem","position":"2","item":"@id":"https://www.zitobox.com/blog/category/industry-news/","name":"Industry News","@type":"ListItem","position":"3","item":"@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/","name":"Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules"],"@type":"WebPage","@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#webpage","url":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/","name":"Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022","datePublished":"2022-11-05T19:53:51+00:00","dateModified":"2022-11-05T19:53:51+00:00","isPartOf":"@id":"https://www.zitobox.com/blog/#website","primaryImageOfPage":"@id":"https://www.zitobox.com/blog/wp-content/webpc-passthru.php?src=https://www.hollywoodreporter.com/wp-content/uploads/2022/11/GettyImages-1132383737-H-2022.jpg&nocache=1?w=1024","inLanguage":"en-US","breadcrumb":"@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#breadcrumb","@type":"Person","@id":"https://www.zitobox.com/blog/author/gdpadmin/","name":"GDP Admin","url":"https://www.zitobox.com/blog/author/gdpadmin/","image":"@type":"ImageObject","@id":"https://secure.gravatar.com/avatar/fc55c9e37269c7dc529bd4bfb6904fea?s=96&d=mm&r=g","url":"https://secure.gravatar.com/avatar/fc55c9e37269c7dc529bd4bfb6904fea?s=96&d=mm&r=g","caption":"GDP Admin","inLanguage":"en-US","worksFor":"@id":"https://www.zitobox.com/blog/#organization","@type":"NewsArticle","headline":"Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022","datePublished":"2022-11-05T19:53:51+00:00","dateModified":"2022-11-05T19:53:51+00:00","articleSection":"Industry News","author":"@id":"https://www.zitobox.com/blog/author/gdpadmin/","publisher":"@id":"https://www.zitobox.com/blog/#organization","description":"Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company, which said that Fox","copyrightYear":"2022","copyrightHolder":"@id":"https://www.zitobox.com/blog/#organization","name":"Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules - November 2022","@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#richSnippet","isPartOf":"@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#webpage","image":"@id":"https://www.zitobox.com/blog/wp-content/webpc-passthru.php?src=https://www.hollywoodreporter.com/wp-content/uploads/2022/11/GettyImages-1132383737-H-2022.jpg&nocache=1?w=1024","inLanguage":"en-US","mainEntityOfPage":"@id":"https://www.zitobox.com/blog/industry-news/fox-will-need-to-pay-3-7b-if-it-keeps-pursuing-fanduel-stake-arbitrator-rules/#webpage"]</script> <!-- /Rank Math WordPress SEO plugin --><link rel='dns-prefetch' href='//www.zitobox.com' /><link rel='dns-prefetch' href='//www.googletagmanager.com' /><link href='https://fonts.gstatic.com' crossorigin rel='preconnect' /><link href='https://fonts.googleapis.com' rel='preconnect' /><link href='https://www.google-analytics.com' rel='preconnect' /><link href='https://ajax.googleapis.com' rel='preconnect' /><link href='https://connect.facebook.net' rel='preconnect' /><link href='https://www.googletagmanager.com' rel='preconnect' /><link href='https://maps.google.com' rel='preconnect' /><link rel="alternate" type="application/rss+xml" title="User's blog » Feed" href="https://www.zitobox.com/blog/feed/" /><link rel="alternate" type="application/rss+xml" title="User's blog » Comments Feed" href="https://www.zitobox.com/blog/comments/feed/" /><link rel="alternate" type="application/rss+xml" title="User's blog » Stories Feed" href="https://www.zitobox.com/blog/web-stories/feed/"><link rel='stylesheet' id='dashicons-css' href='https://www.zitobox.com/blog/wp-includes/css/dashicons.min.css' media='all' /><link rel='stylesheet' id='elementor-post-7-css' href='https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_single_7340c20e694251510c3d99c549d4e223.css' media='all' /><link rel='stylesheet' id='elementor-global-css' href='https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_single_2ac37b780213822309ef4d3e6355b6c6.css' media='all' /><link rel='stylesheet' id='elementor-post-8-css' href='https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_single_f7b997d18823243e7ed389e360cabb71.css' media='all' /><link rel='stylesheet' id='elementor-post-11-css' href='https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_single_f30efc3cf4f6c42f5494629c85142a16.css' media='all' /><link rel='stylesheet' id='elementor-post-17-css' href='https://www.zitobox.com/blog/wp-content/cache/autoptimize/css/autoptimize_single_d1c9ec389bd30dc441f55f3a7db633e6.css' media='all' /> <script>/* <![CDATA[ */
var rcewpp =
"ajax_url":"https://www.zitobox.com/blog/wp-admin/admin-ajax.php",
"nonce": "b6972ac962",
"home_url": "https://www.zitobox.com/blog/",
"settings_icon": 'https://www.zitobox.com/blog/wp-content/plugins/export-wp-page-to-static-html-pro-premium/admin/images/settings.png',
"settings_hover_icon": 'https://www.zitobox.com/blog/wp-content/plugins/export-wp-page-to-static-html-pro-premium/admin/images/settings_hover.png'
;
/* ]]> */ class="skip-link screen-reader-text" href="#content" role="link" title="Skip to content"> Skip to content
class="hfeed site" id="page"> Home Facebook-f Twitter Youtube Search Close The following posts are written by contributors and do not necessarily represent the views of ZitoBox. $4.5m Of These Rewards Have Already Been Paid $4.5m Already Paid Start With $10 Free - Coupon Code: TV PLAY NOW myvegas facebook codes w=1024" class="attachment-full size-full" alt="" /> PLAY NOW PLAY NOW PLAY NOW The following posts are written by contributors and do not necessarily represent the views of ZitoBox. November 5, 2022 Fox Will Need to Pay $3.7B If It Keeps Pursuing FanDuel Stake, Arbitrator Rules Fox has until 2030 to buy into FanDuel at a $20 billion valuation, according to arbitration order issued on Friday. The figure is higher than the valuation proposed by the Rupert Murdoch-owned media corporation of $11.2 billion and closer to the estimate from Flutter, the majority owner of the sports-betting company, which said that Fox should have to pay market price.
Flutter also cannot pursue an initial public offering for FanDuel without Fox’s consent or approval from the arbitrator.
Both sides declared victory in the arbitration.
“FOX is pleased with the fair and favorable outcome of the Flutter arbitration,” the company said in a statement. It stressed that it has no obligation to commit capital towards its 10-year option to acquire 18.6 percent of FanDuel for $3.7 billion with a five percent annual escalator “unless and until” it chooses to do so.
Flutter, meanwhile, said that the price tag for Fox to buy its stake in FanDuel represents fair market value as of December 2020. “Today’s ruling vindicates the confidence we had in our position on this matter and provides certainty on what it would cost FOX to buy into this business, should they wish to do so,” said CEO Peter Jackson in a statement.
Fox in April 2021 filed an arbitration claim against Flutter, among the largest gambling companies in the world, over the value of its stake in FanDuel. It argued it should pay the same price to buy into FanDuel that Flutter paid in December when it increased its share in the company to 95 percent in a $4.2 billion deal.
Flutter, in turn, pushed for a higher price. It said in a statement issued at the time that Fox must pay “fair market value” to exercise the option in July.
Fox secured its option to buy into FanDuel for helping Flutter fund its merger with The Stars Group, which operated a sports betting platform with Fox.
FanDuel didn’t immediately respond to requests for comment.
Read More
The More You Play Premium VIP Slots, Super Jackpot, 3 Reel Slots, The More Zito Points You Earn Which Get You Reward Cards. Get 300% In No Deposit Bonus Value Of Up To $1500. Over $3.5m Rewards Paid By Zitobox Free Online Slot Games Casino.
300% BONUS Use Promo Code: GREAT300 (up to $1500 in value - min. purchase $24.99) Share on: Facebook Twitter LinkedIn About zitobox ZitoBox has paid out more than $4.5m in Rewards. Enjoy great games and earn Zito points FREE. Win or lose you can always Redeem Digital Reward Cards with your Zito Points. Our systems algorithm is set to maximum rewards for players.
Helpful Links Homepage Terms and Conditions User Agreement Privacy Policy Contact Us ZitoBox © 2022 All rights reserved 4742 Go to mobile version
Read More: https://www.zitobox.com/game/slotgame/Double-Magic-T2/5926/7/2
