When was FanDuel founded and by whom?
FanDuel launched on the 21st of July 2009. The company was founded by Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones, and Chris Stafford.
Questions about FanDuel
Short answers, pulled from the story.
What happened to the proposed merger between FanDuel and DraftKings in 2017?
The Federal Trade Commission blocked the merger on the 19th of June 2017 because it would create a monopoly holding 90% of the daily fantasy sports market. Both companies paid $1.3 million to settle allegations with the Massachusetts Attorney General's office in September 2017.
Who acquired FanDuel in May 2018 and for how much?
Ireland-based Paddy Power Betfair agreed to acquire FanDuel in May 2018. The deal valued FanDuel's stake at $465 million before Flutter Entertainment increased its ownership to 95% through a $4.1 billion transaction in December 2020.
How many states does FanDuel operate online sportsbooks in as of January 2026?
As of January 2026, FanDuel operates online sportsbooks in 23 states plus Ontario and Puerto Rico. Retail locations exist in 15 states while daily fantasy contests reach over 40 states under varying regulations.
Which major sports leagues have partnered with FanDuel since 2018?
The National Hockey League signed an agreement with FanDuel in November 2018 as an official partner. FanDuel became the PGA Tour's official odds provider in 2020 through a contract extending to 2027.