Online sports bettor says gambling now is "like crack in the '80s"
A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up.…
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Latest on FanDuel
Newest firstFinance
The addiction of online sports gambling: "Like crack in the '80s"
The money legally wagered on sports gambling has surged to $167 billion a year since it was legalized beyond Nevada in 2018. But data show, in states where onl…
FanDuel sent a video from star athlete Bryce Harper to a customer with a gambling problem
The video calls highlights the murky relationship between professional athletes and gambling apps.
FanDuel Uses Phillies' Bryce Harper To Send Personal Message To Gambling Addict
Thompson took major losses and exercised desperate measures in order to pay for his gambling addiction
FanDuel is expecting 100,000 bets per minute during World Cup games.
FanDuel is expecting 100,000 bets per minute during World Cup games.
Finance
FanDuel CEO Amy Howe is out after five years at the sportsbook
Howe has overseen FanDuel during a time of dramatic expansion in sports gambling and as prediction markets have exploded in popularity.
Finance
FanDuel's parent stock is under pressure. Citi doesn't see a recovery anytime soon
FanDuel has seen weakening customer engagement on its platform, while it isn't clear its prediction market can drive upside to its owner's stock, per Citi.
Markets
FanDuel parent's stock tumbles as the house just can't seem to win for its investors
Shares of FanDuel's parent were pointing down after disappointing earnings. Its users lost too many bets and left for competitors.
Markets
FanDuel parent Flutter reports disappointing fourth-quarter earnings
Flutter's 2026 revenue guidance of $17.75 billion to $19.05 billion was lower than analysts' projection.
Finance
FanDuel, DraftKings abandon AGA trade group as rift over sports prediction markets grows
The companies are abandoning their AGA memberships as prediction markets skyrocket in popularity and push into sports betting.
Finance
FanDuel owner to launch prediction market as competition heats up
Flutter announces third quarter loss and downgrades guidance for full-year but the underlying earnings trend is positive.
Consumer
Sportsbooks were called 'victims' in new NBA gambling probe. Here's what DraftKings, FanDuel have to say.
The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.
Consumer
What's the Deal With All Those FanDuel Ads?
Peter Jackson, the chief executive of Flutter Entertainment, FanDuel's parent company, is fighting for attention as online gambling spreads across the United S…
Markets
Here's why Wall Street is betting against DraftKings and FanDuel - and going all in on Polymarket and Kalshi
Kalshi and Polymarket could pose an existential threat to sports-betting companies.
Consumer
Amazon Prime Video teams up with FanDuel for real-time betting updates during NBA games
Bettors will be able to link their FanDuel accounts to their Prime Video profiles and see how their wagers are playing out in real time.
Consumer
Boyd Gaming To Sell 5% Stake In FanDuel Group To Flutter Entertainment For $1.755 Bln
(RTTNews) - Boyd Gaming Corporation (BYD) said Thursday it has agreed to sell the company's 5% equity interest in FanDuel Group to Flutter Entertainment plc (F…
Consumer
FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
The new tax is applied to each wager that a sportsbook accepts - 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.
Commodities
'Made My Parlay Win': FanDuel Bans Man After He Posted Video Of Himself Heckling Olympic Gold Medalist Gabby Thomas
Wait, what
Consumer
FanDuel owner Flutter Entertainment boosts earnings guidance even after costly March Madness
FanDuel owner Flutter Entertainment on Thursday boosted its guidance because of acquisitions and currency swings even after nursing losses from a U.S. college…
Consumer
FanDuel Sports Network touts streaming subscriber growth for regional games
FanDuel Sports Network, the company behind regional channels for 30 NBA, NHL and MLB teams, now counts 650,000 paid streaming subscribers.
Consumer
Why sportsbooks like FanDuel and DraftKings really need March Madness bettors to lose this year
March Madness numbers to know include $3.1 billion in wagers and nearly $5 million in earnings for one player.
Consumer
Here's what DraftKings and FanDuel want to see at Super Bowl LIX - after NFL bettors beat sportsbooks all season
There's $1.39 billion in bets riding on the Super Bowl this weekend. Here's what sportsbooks do - and don't - want to see happen.
FanDuel owner Flutter takes $370 million hit from NFL bettors. Blame these winning teams.
Flutter said this football season has seen the most "customer-friendly†NFL outcomes since the launch of online sports betting.
