Skip to main content
See every side of every news story
Published loading...Updated

FanDuel CEO Amy Howe is out after five years at the sportsbook

FanDuel’s parent company cited U.S. market pressure and a weaker 2026 outlook as it hands leadership to president Christian Genetski.

  • Flutter Entertainment announced on Wednesday that FanDuel CEO Amy Howe has left the company after five years, with FanDuel president Christian Genetski assuming leadership of the sportsbook.
  • Forecasting 2026 core profit growth of 4 per cent, Flutter surprised analysts two months ago by citing U.S. market challenges after delivering over 20 per cent growth in each of the previous four years.
  • Flutter CEO Peter Jackson plans to invest $300 million in FanDuel Predicts, telling Reuters, "It's no secret that FanDuel has underperformed, but looking forward, we've got to get the right team in place."
  • Shares of FanDuel parent company Flutter fell roughly 2.5% in afternoon trading on Wednesday as investors sold off gaming stocks amid competition from prediction markets and inflation concerns.
  • Leading the sportsbook since 2021, Howe championed responsible gaming initiatives, refusing NIL deals with college athletes, as Flutter navigates an increasingly competitive U.S. betting landscape under new leadership.
Insights by Ground AI

12 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

CNBC broke the news in United States on Wednesday, May 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal