Tag: fanduel
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Harvard Slashes FanDuel Stake After Initial 115K Shares
Update July 2026: According to a mid-May SEC filing, Harvard’s endowment reduced its stake in FanDuel’s parent company by roughly 35,000 shares, lowering the value of its stake to about $8.2 million. It had previously held more than 115,000 shares worth about $29.3 million. The next filing, due in August, will show whether the endowment…
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Bryce Harper Gambling Scandal: The City of Brotherly Predation?
Philadelphia Phillies star Bryce Harper, one of the highest-paid players in baseball, reportedly helped FanDuel in its relationship with a man who says he developed a life-altering gambling addiction. The Philadelphia Inquirer acquired a short video that FanDuel allegedly sent to Pennsylvania resident Terry Thompson in November 2024. In the video, Harper is seen wishing…
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Big Risks With Erin Andrews’ FanDuel ‘Responsible Gaming’ Role
In late April 2026, FanDuel Sportsbook announced that FOX Sports NFL reporter Erin Andrews had joined the company as a “responsible gaming ambassador.” While it may sound reassuring, the partnership raises public health concerns. The press release failed to disclose Andrews’ financial compensation, raising questions of transparency. Fox Corporation has a stake in FanDuel, with…
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FanDuel Claims No Profiting From Prop Bet ‘Protect’ Feature
FanDuel Sportsbook launched a new gambling insurance-like feature that it’s calling “Bet Protect.” It raises some problem gambling concerns and questions about the impact on company profits. The feature lets bettors pay a 3% fee to hedge against injuries. For example, a prop bet on LeBron James to score over 21.5 points would be refunded…
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FanDuel Says It Wiped The Floor With Users On NFL Bets
FanDuel crushed its American users on NFL parlays and other bets to end the 2025/26 season, paradoxically contributing to its parent company’s sharp stock decline. Users lost too much too quickly on the NFL wagers, dragging down FanDuel Sportsbook’s business. The online betting platform lost market share to rivals due to its users’ extraordinarily poor…
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Brian Pempus
Brian Pempus has covered the gambling industry for 20+ years, including for Forbes. His work has appeared in The New York Times, AARP, Fortune Magazine, The Washington Post, and The New Republic.
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