Flutter CEO confident FanDuel predictions finally becoming competitive
Photo: SBC Americas
KEY TAKEAWAYS Flutter acknowledges FanDuel’s prediction markets product was subpar at first, but is confident it has grown into a competitive offering. FanDuel invested heavily in aspects such as parlay-style combos, switching its sports event contracts to Crypto.com, securing its own FCM, and scaling up its market-making. Flutter CEO Dan Taylor spoke on Nov. 4 after the company reported small FanDuel revenue growth and a major decline in U.S. EBITDA.
Source: SBC Americas
