Flutter Entertainment

Last week's news that FanDuel TV is gradually winding down its product through 2027 has ripped through the industry like a tornado. In response, some, like the National Turf Writers and Broadcasters, have urged the company to reverse course. "Should there be a viable path to reconsider this decision, we urge FanDuel and Flutter Entertainment leadership to explore it. We also encourage consideration of a sale of the network to an entity willing to continue regular operations. The infrastructure, audience, and brand equity built over decades represent valuable assets," the...

Following the announcement last week that FanDuel TV would be phasing out its horse racing coverage, the board of directors of the National Turf Writers and Broadcasters has disseminated a letter it sent to the executive leadership at FanDuel and Flutter Entertainment to emphasize the importance of the network to the racing industry. In supporting its members who work for the network, the board said, "We wish in this communication to express our support for our members and colleagues affected by these job cuts. The reporting and storytelling you have...

Racecourse Media Group (RMG) and Flutter Entertainment have agreed to a long-term partnership through 2028. RMG, a media and data rights holding company owned by 34 racecourse shareholders, and Flutter, which is the parent company of Paddy Power, Betfair and Sky Bet's agreement will involve streaming rights and other key areas of the RMG business. RMG and Flutter will work together to leverage the latter's marketing and promotional assets to grow turnover, engagement and interest on racing conducted by RMG's racing product. Martin Stevenson, CEO of RMG said, "We are...