Layoff
Jun 2026FanDuel confirmed another round of layoffs; reporting described a few hundred roles across software engineering, customer service, business development and other functions, reportedly the third round in less than a year.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
FanDuel is a New York-headquartered sports-tech and online gaming company founded in 2009 in Edinburgh. It is Flutter Entertainment’s U.S. operating brand and offers sports betting, daily fantasy sports, online casino, horse-racing wagering, media, and prediction-market products. FanDuel describes itself as America’s leading sportsbook and iGaming brand, with responsible-gaming tools and millions of customers.
Primary product
A multi-product mobile/web gaming platform centered on online sports betting, supplemented by daily fantasy sports, online casino, horse racing (FanDuel Racing/TVG), and FanDuel Predicts prediction markets.
Founded
2009
Headquarters
New York, New York, United States (300 Park Avenue South).
Team size
Approximately 3,000–5,000; FanDuel’s own history page says nearly 4,000, while third-party estimates range from 3,284 to about 5,000.
Work style
Hybrid
Industry
Entertainment and online gaming
Sub-industry
Online sports betting, iGaming, daily fantasy sports, horse-racing wagering, and prediction markets
Offices
New York, New York, United States
Atlanta, Georgia, United States
Jersey City, New Jersey, United States
Los Angeles, California, United States
Edinburgh, Scotland, United Kingdom
Canada (global offices; specific city not confirmed in the retrieved sources)
Business model
Funding
Stage
Acquired operating subsidiary / mature growth business; Flutter owns 100% subject to the Fox option after buying Boyd’s remaining 5% interest in 2025.
Total raised
$416M
Latest round
Acquisition / secondary purchase of Boyd’s 5% FanDuel interest · Jul 2025
Latest amount
$1.6B
Acquisition / secondary purchase
Jul 2025 · Flutter Entertainment
People & investors
Leadership
President and acting leader of FanDuel; assumed responsibility after Amy Howe’s departure in May 2026
Former Chief Executive Officer, departed May 2026
Chief Executive Officer, Flutter Entertainment (parent company)
Work & culture
Recruiting materials emphasize a high-ownership, collaborative, inclusive and performance-oriented culture: teams own their software, value autonomy and productivity, learn continuously, and frame success as winning together. Engineering sources describe hybrid work, career pathways, and complex, fast-changing technical problems.
Work style
Hybrid
Compensation
Public U.S. engineering postings provide role-specific salary bands; one 2026 Software Engineer posting listed $116,000–$152,250 base salary, with eligibility for bonuses, long-term incentives/stock participation, benefits, and 401(k) matching. Exact compensation and sponsorship vary by location, role, and level.
Benefits
Medical, vision, and dental insurance
Some U.S. health plans advertised at $0 employee paycheck cost
Fertility and family-planning programs
Mental-health support and fitness benefits
Paid time off, sick leave, and company holidays
Annual bonus and long-term incentive opportunities
401(k) match up to 5%
Commuter benefits
Pet insurance
Learning and development support; some roles advertise 10% learning time
Flexible working and holiday policies
Product & market
Pricing
Free account/app access with variable transaction economics: sportsbook and casino wagers, fantasy contest entry fees/rake, horse-racing wagers, and prediction-market contract trading. Promotions, odds, contest structures, and legal availability vary by jurisdiction.
Differentiators
- —Large U.S. brand and customer scale
- —Leadership in U.S. online sportsbook and iGaming market share
- —Single-brand portfolio spanning sportsbook, casino, fantasy, racing, media, and prediction markets
- —Flutter’s proprietary sportsbook technology, trading capabilities, and global scale
- —Deep sports partnerships and broad content/market coverage
- —Mobile-first product experience and responsible-gaming tools
- —Nationwide brand equity and cross-product customer potential
Scale & contact
Estimated revenue
FanDuel standalone estimates are inconsistent and should be treated cautiously. Third-party company-profile estimates cite roughly $150M–$200M, while Flutter reported FanDuel/U.S. revenue of about $6.97B for FY2025 and $922M FanDuel adjusted EBITDA; the latter is the more relevant current operating-scale signal.
Signals & risks
Layoff
Jun 2026Separate reporting estimated the June restructuring at approximately 5%–10% of the workforce and linked it to organizational restructuring and a shift toward prediction markets.
SourceShutdown
Mar 2026Latest news
Legal Sports Report · Aug 2026
Flutter announced a further CEO transition and reduced 2026 U.S. revenue and adjusted-EBITDA guidance; Q2 sports betting revenue declined 15% year over year.
Flutter Entertainment / GlobeNewswire · Aug 2026
Flutter reported Q2 performance, World Cup engagement, FanDuel-related prediction-market developments, and the purchase of Boyd’s remaining FanDuel interest.
PlayUSA · Jun 2026
Reported a third round of cuts in under a year, estimated at 5%–10% of the workforce, and discussed FanDuel Predicts.
Front Office Sports · Jun 2026
FanDuel confirmed layoffs affecting a few hundred employees amid restructuring, prediction-market competition, and profitability pressure.
Open Positions
87 jobs at FanDuel
Customer Marketing Senior Associate
On-site
Marketing
New York City
Today
On-site
Full-time