Does FanDuel have a market share?

In the fourth quarter, FanDuel had 43% market share based on gross revenue and 51% based on net revenue. Former NFL tight end Rob Gronkowski celebrates the IPO of Flutter Entertainment, the parent company of FanDuel, on the floor of the New York Stock Exchange (NYSE) on January 29, 2024 in New York City.

Will FanDuel's flutter buy DraftKings?

FanDuel parent Flutter listed on the New York Stock Exchange, its first U.S. listing, under the ticker symbol FLUT. Flutter expects to give DraftKings competition for earned media and investment capital. Jefferies analysts believe Flutter could get a 20% premium on DraftKings’ valuation.

Is FanDuel ready to take on its well-capitalized competition?

FanDuel CEO Amy Howe told CNBC in October at the Global Gaming Expo in Las Vegas that the company is ready to take on its well-capitalized competition. “We know the scale is going to matter. And we know that having the most distinctive product is going to matter,” she said.