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Industries
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$4.6B
Headquarters
New York City, New York
Founded
2009
FanDuel operates a fantasy sports platform where users can join daily and weekly contests to win cash prizes. Participants create fantasy teams by selecting real players from various sports, including football, basketball, and baseball, and their teams earn points based on the actual performance of these players in games. FanDuel generates revenue through entry fees for these contests and enhances the user experience with features like live scoring updates and player news. Unlike some competitors, FanDuel focuses on the daily and weekly contest format, appealing to sports fans who prefer shorter-term engagement. The company's goal is to provide an engaging platform for sports enthusiasts in the United States, while it continues to explore opportunities for expansion.
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Total Funding
$4635.9M
Above
Industry Average
Funded Over
6 Rounds
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Online gambling is booming in Michigan, with no signs of slowing down. In 2023 alone, the state generated $1.92 billion in online casino receipts, positioning itself as a national leader in digital gambling.It even surpassed long-standing front-runners like New Jersey and Pennsylvania, once considered the gold standard for online gaming success.Michigan’s approach to online casino regulation has paid off. This article explores how the state built its thriving industry, highlights its major achievements, and considers what other states can take away from its model as they navigate online casino legalization.Michigan’s Journey to Dominating Online GamblingMichigan was a relative latecomer to online casino gaming, launching in January 2021. But it quickly achieved something remarkable. Within just three years, Michigan became the nation’s largest market for online gambling receipts, surpassing even New Jersey’s well-established industry.Michigan’s success didn’t happen by chance. Several key factors contributed to its rapid rise in the online gambling space.1
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Exclusive new features include an exclusive ability to combine picks from multiple tournament rounds into one parlay and a new Bet Back Promotional TokenNEW YORK, March 14, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced new industry-first product innovations in time for the March college basketball tournament, including an exclusive tournament feature that allows customers to combine picks across multiple rounds into a single parlay and a new Bet Back Token that allows customers to get out of a bet if it is not going to plan. The Bet Back Token will be available for use on any college basketball game beginning March 17, and customers can also begin building their tournament parlays once the bracket is set on Sunday, March 16.College basketball fans can now stack bracket predictions into a single parlay and finally Bet their Bracket. Only available on FanDuel, customers can enjoy more flexibility and combine multiple tournament bets into one parlay, including teams to reach the round of 16, win their region and cut down the nets. This marks the first time customers can build parlays that include bets from multiple rounds of the tournament, allowing customers to transform their brackets into bets. FanDuel is the only sportsbook offering this way of building a parlay for the men's basketball tournament.The new Bet Back Token is a first-of-its-kind reward that gives FanDuel customers the option to get their wager back in Bonus Bets if it is not going to plan. The token comes in handy when a leg of a parlay is trending poorly, there is a player injury or if the customer's team is way down with just minutes remaining
Sports fans in Puerto Rico can head to the FanDuel Sportsbook retail location in San Juan to register with FanDuelNEW YORK, Jan. 16, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, announced the availability of FanDuel Sportsbook within Puerto Rico and the opening of a new retail sportsbook in partnership with CAGE Puerto Rico II ("CAGE Sports") at #53 Edificio El Caribe, Calle Palmeras in San Juan.Registration and New Customer OffersPuerto Rican residents who are at least 18 years of age can visit the FanDuel Sportsbook in partnership with CAGE Sports in San Juan to register with FanDuel and set up an account. Tourists and visitors can register as well and enjoy placing bets during their stay. Customers must sign up in-person at the retail location to use the FanDuel Sportsbook app. Once registered and validated, customers who make their first wager of at least $5 will receive $200 in Bonus Bets. Bonus Bets can be used to bet on college basketball, NBA, NFL, MLB, NHL, MMA, golf, boxing, soccer and more.America's #1 SportsbookThe FanDuel Sportsbook app is simple, secure and convenient and offers a best-in-class platform with features for both new and experienced bettors, including:Customer Focused : FanDuel Sportsbook offers safe and secure banking, lightning-fast payouts, a Cash-Out early feature and 24/7 customer service.: FanDuel Sportsbook offers safe and secure banking, lightning-fast payouts, a Cash-Out early feature and 24/7 customer service
FanDuel customers can make a free pick in the FanDuel Sportsbook app on which Manning they think will win a live field goal competition for a chance to win a share of $10 million in Bonus BetsNEW YORK, Jan. 10, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company and an Official Sports Betting Partner of the National Football League, announced that Peyton Manning and Eli Manning, both two-time Super Bowl Champions, will compete head-to-head on Super Bowl Sunday for the first time in their legendary careers as they face off at Super Bowl LIX in the next installment of the Kick of Destiny. In FanDuel's "Kick of Destiny 3," the Manning brothers will have to win with their legs instead of their arms in a kicking competition where they will both attempt field goals live in New Orleans on Super Bowl Sunday
$116k - $145k/yr
New York, NY, USA
$144k - $198k/yr
New York, NY, USA
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Industries
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$4.6B
Headquarters
New York City, New York
Founded
2009
$79k - $99k/yr
New York, NY, USA
$116k - $145k/yr
New York, NY, USA
$144k - $198k/yr
New York, NY, USA
Find jobs on Simplify and start your career today
Software Engineering
21 Open Roles
Data & Analytics
20 Open Roles
IT & Security
12 Open Roles
DevOps & Infrastructure
5 Open Roles
Engineering Management
4 Open Roles
AI & Machine Learning
2 Open Roles
QA & Testing
1 Open Roles
Quantitative Finance
1 Open Roles
Electrical Engineering
1 Open Roles
Growth & Marketing
11 Open Roles
Product
7 Open Roles
Finance & Banking
7 Open Roles
Business & Strategy
7 Open Roles
Sales & Account Management
3 Open Roles
Accounting
2 Open Roles
Operations & Logistics
2 Open Roles
Consulting
1 Open Roles
Discover companies similar to FanDuel