All articles tagged with #fanduel
Dan Taylor will become Flutter's group chief executive on Oct. 1, 2026, succeeding Peter Jackson who will step down from the board on Sept. 30 and remain as adviser through year-end; Taylor, currently head of Flutter's International division, will also join Flutter's board, as the company aims to maintain growth momentum including FanDuel's sportsbook improvement plan.
Flutter Entertainment missed Q2 earnings estimates and cut its full-year U.S. EBITDA guidance by 22% to $760 million, announcing CEO Peter Jackson will depart at quarter’s end with Dan Taylor taking over Flutter’s international business on Oct. 1. The company plans about $270 million in additional U.S. EBITDA investment in H2 2026 to boost FanDuel through better rewards, promotions and protections, as FanDuel’s U.S. market share slips. Shares fell about 13% after the announcement, while Flutter pushes a pivot to revive FanDuel and restore momentum ahead of 2027.
Flutter Entertainment says CEO Peter Jackson will step down in October and will be replaced by Dan Taylor, as the group cautions that higher US investment will reduce near-term profits and trims revenue guidance by $395 million to $17.9 billion and EBITDA guidance by $210 million to $2.66 billion; shares fell after the announcement. The move comes as FanDuel faces competition from prediction markets, and Flutter accelerates US growth with bets and partnerships while continuing its global expansion.
Baseball star Bryce Harper said on Instagram that a Cameo video purchased for a FanDuel betting promotion was used without his consent; he would not have created it had he known it would be used commercially, denies any affiliation with FanDuel, and has counsel directing him not to comment further.
MLB star Bryce Harper says he didn’t know a Cameo video he recorded for a VIP client would be used as a FanDuel gambling promotion and that he has no affiliation with FanDuel. The clip, tied to Terry Thompson who later faced large gambling losses and is suing FanDuel and DraftKings, was edited with FanDuel branding; Harper read a script in good faith and did not consent to promotional use. The Philadelphia Inquirer story prompted Harper’s public denial and underscores concerns about how gambling promotions target vulnerable bettors.
A 21‑second Cameo video Bryce Harper recorded for a man with gambling debt was reportedly bought by a FanDuel employee and used in the sportsbook’s VIP bettor program without Harper’s knowledge, fueling scrutiny of VIP perks and responsible-gaming practices amid lawsuits and regulator interest.
Vegas stunned Carolina 5-4 in Game 1 to take a 1-0 series lead, with Game 2 in Raleigh at 8 p.m. ET on ABC. New FanDuel customers can claim a Bet $5, Get $350 in bonus bets ($50 daily for 7 days) with no promo code required; offer is available in states where FanDuel is licensed and bonus bets expire after 7 days.
Flutter disclosed in an SEC filing that Amy Howe will receive a $4.37 million severance after being terminated as FanDuel’s CEO; the package includes about two years of base pay and bonuses, vested stock awards, and up to 12 months of health coverage, with Howe to be succeeded by FanDuel president Christian Genetski. Howe has led FanDuel since 2021, during a period of growth for the brand, while Flutter’s stock has faced pressure amid sector-wide declines.
FanDuel CEO Amy Howe is out after five years; Christian Genetski, the company’s president, will take over as Flutter navigates rapid expansion in sports betting amid rising competition from prediction markets and broader gaming stock volatility.
The 2026 NFL Draft kicks off with the Detroit Lions holding the No. 17 overall pick. After the NFL reduced the first-round clock from 10 to 8 minutes, Detroit’s latest possible selection is around 10:16 p.m. ET, though teams typically take about seven minutes. Past No. 17 picks have landed between 9:59 and 10:09 p.m. ET, so the Lions could be on the clock roughly 9:59–10:09 p.m. ET if they stay at No. 17. FanDuel’s odds for No. 17 include Kadyn Proctor, Spencer Fano, Monroe Freeling, Vega Ioane, Blake Miller, and Keldric Faulk, though those bets refer to No. 17, not necessarily the Lions. Bet responsibly.
ESPN NFL Draft analyst Todd McShay wavers on the Jets and Cardinals top picks while promoting FanDuel prop bets tied to his reporting, drawing scrutiny over a potential conflict between his forecasting and betting partnerships as he revises projections and cites league rumors.
FanDuel is expanding into prediction markets with FanDuel Predicts, now live in 16 states via a CME Group derivatives framework, as it seeks growth beyond traditional sports betting. Prediction markets are regulated as trading products by the CFTC rather than gambling, allowing wider access across states, but the move comes amid scrutiny over insider trading and societal impacts of wagering on politics or other real-world events. FanDuel says it will avoid high-risk bets (like elections or death) and remains focused on a sports-centric experience while expanding its addressable market.
Michigan is a 9.5-point favorite over Michigan State in Sunday's rematch with the over/under set at 150.5 per FanDuel SportsBook. The Wolverines, fresh off securing the Big Ten title, aim to reinforce a potential 1-seed and even the head-to-head balance against Izzo (now 2-1 in their matchups). MSU has won five straight since the earlier loss to Michigan, which edged the Spartans 83-71 after a stifling first half. The game carries in-state bragging rights and a chance for Michigan to extend its conference and NCAA seeding position while MSU looks to pull off the upset.
Flutter Entertainment reported a Q4 2025 miss across most metrics, with revenue of $4.74B (vs. $4.97B expected), adjusted EPS of $1.74 (vs. $1.95), and EBITDA of $832M (vs. $893M). Revenue rose 25% year over year, but 2026 revenue guidance of $17.75B–$19.05B came in below consensus. CEO Peter Jackson cited tougher bettor conditions and said prediction markets could spur legalization, while there was no evidence of sportsbook cannibalization. Shares fell about 7% after hours.
Arizona travels to Houston’s Fertitta Center for a pivotal Big 12 showdown vs. the Cougars, with Tommy Lloyd’s Wildcats aiming to snap a 3-0 skid against Houston. Tip is 1 p.m. MT on ABC, with ESPN.com streaming and Wildcats Radio 1290 AM; FanDuel lists Arizona as a 4.5-point underdog and a 141.5 total, while KenPom gives Arizona a 43% chance to win. Follow @AZDesertSwarm for pregame notes and in-game updates.