FanDuel

Company 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

Sportsbook wagering revenue and gaming hold

Online casino/iGaming revenue

Daily fantasy contest entry fees and rake

Horse-racing wagering

Prediction-market trading economics

Advertising/media and strategic partnerships

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

$1.6B

Convertible note / later-stage financing

Sep 2016

$55M

Venture debt

Jan 2016 · Hercules Capital

$25M

Series E

Jul 2015 · KKR

$275M

Series D

Sep 2014 · Shamrock Capital Advisors

$70M

Series C

Jan 2013 · Comcast Ventures / Bullpen Capital

$11M

Series B

Sep 2011 · Piton Capital

$4M

Seed

Jan 2011 · Jose Marin / Fabrice Grinda

People & investors

Leadership

Christian Genetski

President and acting leader of FanDuel; assumed responsibility after Amy Howe’s departure in May 2026

Amy Howe

Former Chief Executive Officer, departed May 2026

Peter Jackson

Chief Executive Officer, Flutter Entertainment (parent company)

Dan Taylor

President of Flutter Entertainment; incoming Flutter Group CEO effective October 1, 2026

Rashmi Saxena

Vice President of Software Engineering

Graham Marshall

Director of Software Development

Founders

Chris Stafford

Co-founder

Lesley Tyrie Eccles

Co-founder; former EVP Marketing

Nigel Eccles

Co-founder and former CEO

Rob Jones

Co-founder

Tom Griffiths

Co-founder; former Chief Product Officer

Investors

Boyd Gaming

Bullpen Capital

CapitalG / Google Capital

Comcast Ventures

Fabrice Grinda

Flutter Entertainment

Shamrock Capital Advisors

Time Warner Investments

Turner Sports

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

Technology

AWS

Kubernetes

React

Node.js

Java / Spring Boot

Scala

Python

PyTorch

Snowflake

Apache Airflow

Elasticsearch

Datadog

GitLab

Jira

Kafka/SNS-style cloud messaging

Microservices

OpenAI-related tooling

Customers

U.S. sports bettors

Daily fantasy sports players

Online casino players

Horse-racing bettors

Sports fans using media/content products

Eligible customers trading prediction-market contracts

Competitors

DraftKings

BetMGM

Fanatics Betting and Gaming

Caesars Sportsbook

BetRivers / Rush Street Interactive

PrizePicks

Underdog

Kalshi

Robinhood prediction markets

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 2026

FanDuel 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.

Source

Layoff

Jun 2026

Separate reporting estimated the June restructuring at approximately 5%–10% of the workforce and linked it to organizational restructuring and a shift toward prediction markets.

Source

Shutdown

Mar 2026

FanDuel TV was reported to be sunset over roughly 20 months, affecting more than 100 employees and ending or changing media partnerships.

Source

Other

May 2026

CEO Amy Howe left FanDuel; President Christian Genetski assumed responsibility for the business, creating a material leadership transition.

Source

Other

Aug 2026

Flutter lowered 2026 U.S. guidance to approximately $7.4 billion revenue and $760 million adjusted EBITDA; Q2 sports-betting revenue fell 15% year over year amid unfavorable sports outcomes and customer-churn concerns.

Source

Latest news

FanDuel Parent Announces CEO Transition, Lowers Guidance Again

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 Announces Q2 2026 Financial Results

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.

FanDuel Job Cuts Signal Broader Shift Toward Prediction Markets Strategy

PlayUSA · Jun 2026

Reported a third round of cuts in under a year, estimated at 5%–10% of the workforce, and discussed FanDuel Predicts.

FanDuel Is Latest Gambling Company to Cut Jobs

Front Office Sports · Jun 2026

FanDuel confirmed layoffs affecting a few hundred employees amid restructuring, prediction-market competition, and profitability pressure.

Flutter announces leadership transition at FanDuel

Flutter Entertainment · May 2026

Amy Howe left FanDuel; Christian Genetski assumed responsibility for the FanDuel business.