Tag: fanduel
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FanDuel Ducks Harper, VIP Questions In Response To Congress
FanDuel responded to three members of Congress about its VIP program and the Bryce Harper controversy, but it avoided the specific lawsuit that partly prompted the inquiry. In an Aug. 14 letter to Sen. Richard Blumenthal and Reps. Paul Tonko and Valerie Foushee, FanDuel defended its “responsible gaming” model and said its VIP program operates…
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Harvard Sells Entire FanDuel Parent Stake, Filing Shows
Harvard University’s endowment manager no longer reports a direct ownership stake in Flutter Entertainment, the Irish parent company of the U.S. gambling brand FanDuel. Harvard Management Company’s latest public SEC filing shows that it has exited its Flutter position. Its Q1 2026 Form 13F showed 80,341 Flutter shares worth about $8.19 million as of March…
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MLB Slammed For Betting Ads at ‘Field of Dreams’ Iowa Park
MLB’s return to Iowa’s “Field of Dreams” has brought something that appears to be new (and controversial) to the sentimental game. Gambling advertising from BetMGM and FanDuel can be seen plastered on the outfield wall, according to a social media post from a baseball journalist. Many observers slammed the promotion of gambling at the park,…
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Lawmakers Demand FanDuel Terminate ‘Predatory’ VIP Program
A group of federal policymakers wants FanDuel to terminate its lucrative VIP program that caters to high-spending users. Sen. Richard Blumenthal and Reps. Paul Tonko and Valerie Foushee asked that FanDuel totally eliminate the program and that Major League Baseball tighten its rules on player relationships with sportsbooks after the Bryce Harper controversy. They said…
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Flutter Loses CEO As It Spends More To Seduce Gamblers
Flutter will replace its longtime CEO this fall as its FanDuel subsidiary urgently spends more on promotions intended to reactivate gamblers and reduce churn. Peter Jackson will step down Sept. 30 after nearly nine years as CEO, Flutter announced alongside its second-quarter financial results. Dan Taylor, Flutter’s president and international CEO, will replace him Oct.…
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