Asset Manager

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FanDuel

FanDuel launched in 2009 and runs one of the largest legal sports-betting platforms in the US, spanning daily fantasy, sportsbook, casino, racing, and...

FanDuel

FanDuel began in 2009, focused on daily fantasy sports contests that compressed season-long formats into single-day events. The firm operates from dual hubs in New York and Atlanta, though its original founders and current leadership are not disclosed on public-facing materials. The business runs a multi-vertical gaming operation spanning online sportsbook, online casino, horse racing, daily fantasy, and a peer-to-peer poker product under the PokerStars on FanDuel integration. The firm has expanded aggressively alongside state-level legalization of sports betting across the US and select Canadian provinces, as detailed on its State of Play tracker. FanDuel Research supplies editorial coverage of NFL, NBA, MLB, NHL, and college sports, reinforcing engagement across the betting portfolio. Team size and total annual deployment are not publicly reported. The platform’s expansion is tied to the progressive opening of regulated markets — the firm lists products available in multiple US states and Canadian jurisdictions. Recent commentary from FanDuel’s corporate site highlights a partnership with the 2026 Special Olympics USA Games, signaling a broadening of its community initiatives. Structurally, FanDuel operates as a direct-to-consumer technology, media, and gaming company rather than as a family office, asset manager, or allocator. Its role in the market is that of an operator selling wagering products, not deploying capital into external managers or portfolio companies.

General information

Firm type

Asset Manager

Year founded

2009

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, Atlanta, United States

Sector focus

Media & EntertainmentGaming

Frequently asked questions

What products does FanDuel currently offer?

The firm operates five core verticals: an online sportsbook, an online casino with slots and table games, daily fantasy sports across major pro leagues, horse racing betting, and peer-to-peer poker via the PokerStars integration. It also publishes FanDuel Research for sports news and betting analysis and runs FanDuel TV for streaming hosted content.

Where is FanDuel available to play?

Availability varies by product and state regulation. The firm maintains a public State of Play tracker listing which services are live in each US state and in Canada. Sportsbook, casino, fantasy, racing, and poker rollouts occur state by state as jurisdictions authorize each vertical.

Is FanDuel structured as a family office or an investment firm?

No. FanDuel is a consumer-facing technology and gaming operator. It sells wagering products directly to users and generates revenue from net gaming income, not from allocating external capital or managing third-party funds.

Does FanDuel make external investments or fund commitments?

There is no public evidence that FanDuel operates a corporate venture arm, allocates capital to external managers, or participates in fund commitments. Its public disclosures describe partnerships with leagues, media companies, and community organizations, not an investment portfolio.

How does FanDuel approach responsible gaming?

The firm promotes a suite of customer-facing budget tools through its Play With a Plan initiative. FanDuel states it aims to set the standard for responsible operations by providing deposit limits, session tracking, and self-exclusion options.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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