Flutter Reports Market Share Growth for FanDuel

According to its owner, in 2024 FanDuel finished as the market share leader in both sportsbook and iGaming in the states that it operated. Despite that market-share success during the year, FanDuel saw its adjusted earnings fall 3% to $163 million during the fourth quarter, a decline it attributed to fan-friendly sports results. In its 2024 results and 2025 guidance released March 4, Flutter Entertainment, owner of the FanDuel Sportsbook and FanDuel Racing platforms (as well as the TVG advance-deposit wagering platform), reported adjusted earnings of $2.357 billion for the 2024 year—up 26% from 2023. The 12-page press release did not break out pari-mutuel wagering numbers for the FanDuel/TVG platforms. "FanDuel remains America's number one sportsbook with its leading product maintaining a clear structural revenue margin advantage over competitors," said Flutter CEO Peter Jackson. "At the same time, excellent execution secured a new number one spot for FanDuel Casino in iGaming."