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Tag: fanduel

  • Lawmakers Demand FanDuel Terminate ‘Predatory’ VIP Program

    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 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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  • What’s Next in the Bryce Harper-FanDuel Case?
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    What’s Next in the Bryce Harper-FanDuel Case?

    Pennsylvania gambling regulators are “reviewing” a controversial video involving MLB star Bryce Harper and sports betting giant FanDuel. The incident could have regulatory and policy implications in the Keystone State and beyond. FanDuel allegedly sent the personalized video featuring Harper, which came to light last week as part of a civil lawsuit against FanDuel, to…

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  • Harvard Slashes FanDuel Stake After Initial 115K Shares

    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?
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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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