Flutter Replaces FanDuel CEO as US Sportsbook Pressure Builds
Flutter Entertainment has appointed Christian Genetski to lead FanDuel’s US business, replacing Amy Howe, who has left the company after more than five years as CEO. The change was announced alongside Q1 results and comes as Flutter works to improve US sportsbook performance.
Dan Taylor, previously CEO of Flutter International, has been appointed President of Flutter Entertainment. He will oversee FanDuel alongside his existing international responsibilities.
Genetski joined FanDuel in 2015 and has served as chief commercial officer, chief legal officer and president. Flutter said the management changes are intended to sharpen focus on US sportsbook performance and strengthen links between its US and international operations.
Flutter reported Q1 group revenue of $4.3bn, up 17% year-over-year, supported by the Snai and Betnacional acquisitions, iGaming growth and a positive swing in sports results. US revenue rose 6% to $1.76bn. Sportsbook revenue increased 1%, and iGaming revenue rose 19%.
Adjusted EPS fell 23% to $1.22. Flutter lowered its 2026 guidance to $18.305bn in revenue and $2.865bn in adjusted EBITDA, down from prior targets of $18.4bn and $2.97bn. The company cited unfavorable Q1 sports results, $35m in Arkansas launch costs and a reporting change for PokerStars North America.
Monthly active players fell 3% to 14.4 million, mainly due to Flutter’s exit from India. Bloomberg also reported that Flutter shares have fallen 54% this year.
FanDuel has started rolling out a sportsbook loyalty program, allowing players to earn points and unlock rewards. It also launched Bet Protect+, a paid feature that lets customers insure bets for the full game. Flutter said adoption rates doubled initial expectations.
Flutter is also expanding FanDuel Predicts. The product is available nationwide for financial, economic and commodities contracts. Sports contracts are live in 18 non-sportsbook states, including California, Texas and Florida. The company has also launched a “One App” model that routes users to sportsbook or prediction markets depending on their location.
Flutter said prediction market operators have had only a low-single-digit impact on sportsbook handle growth. The company added that they may attract new recreational customer cohorts.
💡 TGJ Take
Genetski’s promotion puts FanDuel’s sportsbook fix and prediction market push under an executive already tied to both areas. That matters because Flutter’s US issue is not only competition from DraftKings, Fanatics or Hard Rock; it is also about whether FanDuel can defend sportsbook engagement while building a product for states without legal sports betting. For suppliers and PAM providers, the reshuffle creates uncertainty around FanDuel’s 2026 product roadmap. The 2026/2027 NFL season is the real test of whether loyalty, bet insurance and prediction markets can improve the US trajectory.
