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About FanDuel
Industries
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$424M
Headquarters
New York City, New York
Founded
2009
Overview
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. The performance of these teams is determined by the actual statistics of the players in real 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 rather than season-long leagues, making it more accessible for casual players. The company's goal is to provide an engaging and entertaining platform for sports fans in the United States, while continuing to expand its offerings.
Simplify's Take
What believers are saying
- FanDuel's expansion into Puerto Rico opens new market opportunities.
- The acquisition of BeyondPlay enhances FanDuel's player engagement capabilities.
- Partnership with Carolina Panthers strengthens FanDuel's brand presence in North Carolina.
What critics are saying
- Increased competition in Ontario could impact FanDuel's market share.
- In-person registration in Puerto Rico may limit user acquisition.
- Integration challenges from BeyondPlay acquisition could distract from core operations.
What makes FanDuel unique
- FanDuel offers daily and weekly fantasy sports contests with cash prizes.
- The platform provides live scoring updates and player news for enhanced user experience.
- FanDuel has exclusive partnerships with major sports leagues and teams for unique promotions.
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Funding
Total Funding
$424M
Above
Industry Average
Funded Over
6 Rounds
Benefits
From peer-to-peer learning to industry conferences, there are a number of ways to develop your career
From your head to your toes we’ve got you covered with our 100% health insurance coverage
We keep a well-stocked supply of snacks and refreshments to keep you going throughout the day
Flexible hours and vacation scheduling let you work when you’re at your best
We provide the latest tech and equipment, you get the job done
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%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
More legal, regulated options in the marketplace is good for Ontario bettors, but it will be interesting to see how Soft2Bet competes with the likes of bet365, FanDuel, DraftKings, and the other major players in the Ontario iGaming space.
However, before the start of free agency, FanDuel Sportsbook released updated offs for NFL divisions, including the NFC West.
Sports fans in North Carolina can now pre-register on the FanDuel Sportsbook appNEW YORK, March 4, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced a new multi-year partnership with the Carolina Panthers as an Official Sports Betting Partner. The partnership comes ahead of the March 11 launch of mobile sports betting in North Carolina and is part of a series of initiatives to engage sports fans throughout the state.Panthers PartnershipFanDuel is an Official Sports Betting Partner of the Carolina Panthers.FanDuel will become an Official Sports Betting Partner of the Carolina Panthers. As part of the partnership, FanDuel will leverage team marks across its marketing channels and partner with the team on digital and social media content. Fans can also expect digital signage and exclusive events at Bank of America Stadium.To celebrate the new partnership with the Panthers, FanDuel TV's "Up & Adams" with Kay Adams will broadcast live from Bank of America Stadium on Wednesday, March 6. Guests will include Luke Kuechly and members of the Panthers organization. Fans can tune into "Up & Adams" weekdays at 11:00 a.m
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About FanDuel
Industries
Entertainment
Gaming
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$424M
Headquarters
New York City, New York
Founded
2009
FanDuel is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today