In a move that reshapes the South American gaming landscape, Flutter Entertainment (the parent company of FanDuel and PokerStars) has officially closed its $1.2 billion acquisition of Betnacional, one of Brazil’s largest domestic operators. This deal, finalized on April 13, 2026, grants Flutter an immediate 25% share of the newly regulated Brazilian market. Analysts expect this consolidation to trigger a “bidding war” among other global giants like Entain and DraftKings to secure remaining local partners before the year ends.
