Flutter Reports Market Share Growth for FanDuel
Description:
According to its owner, in 2024 FanDuel finished as the market share leader in both sportsbook and iGaming in the states that it operated.
Despite that market-share success during the year, FanDuel saw its adjusted earnings fall 3% to $163 million during the fourth quarter, a decline it attributed to fan-friendly sports results.
In its 2024 results and 2025 guidance released March 4, Flutter Entertainment, owner of the FanDuel Sportsbook and FanDuel Racing platforms (as well as the TVG advance-deposit wagering platform), reported adjusted earnings of $2.357 billion for the 2024 year—up 26% from 2023.
The 12-page press release did not break out pari-mutuel wagering numbers for the FanDuel/TVG platforms.
"FanDuel remains America's number one sportsbook with its leading product maintaining a clear structural revenue margin advantage over competitors," said Flutter CEO Peter Jackson. "At the same time, excellent execution secured a new number one spot for FanDuel Casino in iGaming."