Full-Time
Fantasy sports platform with paid contests
$171k - $214k/yr
New York, NY, USA
Hybrid
See people who can refer or advise you
FanDuel runs a fantasy sports platform where sports fans enter daily or weekly contests to win real cash prizes. Users create fantasy teams made from real players and compete based on those players' actual game statistics. The platform charges entry fees for contests, which is how it makes money, and it provides live scoring updates and player news to improve the experience. What sets FanDuel apart is its large, US-focused presence, a wide range of contest formats, and strong live-updating features that keep users engaged as games happen. The company aims to grow its online gaming and sports entertainment offering by expanding its contest options and audience reach while continuing to provide clear, accessible ways to win cash prizes.
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$435.9M
Headquarters
New York City, New York
Founded
2009
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
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
DraftKings and FanDuel insist prediction markets are having minimal impact on their sportsbooks, despite significant stock declines. DraftKings shares have fallen roughly 50% over the past year, whilst FanDuel parent Flutter Entertainment has dropped close to 69%. Both companies missed earnings expectations this week. DraftKings maintained its full-year guidance, but Flutter cut its profit forecast by 22%. Despite this, shares rose following second-quarter results—DraftKings up around 6% and Flutter up over 2% by mid-afternoon Friday. DraftKings reports "no discernible impact" from prediction markets, with only 1% customer overlap with the largest prediction-market operator in legal sports betting states. FanDuel has seen a "low single-digit" impact. Both companies launched their own prediction-market platforms late last year, focusing on states without legal sports betting. DraftKings says its platform is "growing faster than anticipated".
Flutter Entertainment will delist from the London Stock Exchange on 3 August, making the New York Stock Exchange its sole primary trading venue. The company's shares will trade on the LSE for the last time on 31 July. The FanDuel owner cited low LSE trading volumes, listing costs and ongoing UK regulatory obligations in its decision. Flutter moved its primary listing from London to New York in 2024, driven by FanDuel's accelerating growth in the US sports betting market, where the company now expects to generate the largest share of its profits. The delisting follows other significant changes at Flutter, including the departure of FanDuel CEO Amy Howe in May after five years leading the brand's expansion from 10 to 26 US states. Flutter carries a market capitalisation of approximately $19 billion.
FanDuel has conducted its third round of layoffs in less than a year, cutting several hundred employees across software engineering, customer service and business development. The cuts affected staff at various levels, including long-serving managers and employees who joined when FanDuel was a daily fantasy sports company. The sportsbook, owned by Flutter Entertainment, employs approximately 5,000 people, suggesting the layoffs represent 5% to 10% of its workforce. Previous rounds occurred in November and March, when FanDuel announced it would sunset its TV network, affecting over 100 employees. CEO Amy Howe departed in May after five years. A FanDuel spokesperson confirmed the restructuring aims to keep the company "agile, focused, and well-positioned" whilst executing its long-term strategy. The cuts reflect broader challenges facing gambling operators, including prediction market competition and pressure to improve profitability.
FanDuel laid off several hundred employees on Friday, affecting roughly 5% of its 5,000-strong workforce. The cuts impacted staff across business development, operations, customer service, social media and engineering departments. In internal emails, executives said the layoffs were necessary to execute long-term strategy but don't reflect financial concerns. The timing contrasts sharply with FanDuel's expensive promotional event in Times Square for the NBA Finals just days later. The redundancies follow previous cuts, including over 100 jobs lost when FanDuel TV was phased out last year. The company also ousted CEO Amy Howe in May after parent company Flutter missed Wall Street expectations. Some former employees suggested the company's spending on influencers and television deals contributed to the cuts.
Flutter's decision to merge PokerStars with FanDuel and introduce interstate pooling across New Jersey, Pennsylvania and Michigan has delivered a significant revenue boost in April, the first full month following the 1 April transition. In Pennsylvania, FanDuel's poker revenue reached $1,034,096 in April, a 47.8% increase over the January-March average. New Jersey saw an even larger jump, with revenue of $769,600 representing a 58% increase over the prior three months, reclaiming the top position from WSOP Online. The move reversed negative year-over-year trends in both states. New Jersey's total online poker revenue rose 11.4% compared to April 2025, whilst Pennsylvania increased 9.7%. However, May's figures will reveal whether this growth stems from promotional offers or represents sustainable interest.