FanDuel was founded in 2009 at the SXSW Interactive festival in Austin, Texas, by five co-founders who developed the concept of daily fantasy sports.
The company’s platform allows participants to compete head-to-head in fantasy sports contests, with results determined over short periods rather than a full season.
FanDuel operates under its primary brand name and offers a range of fantasy sports contests, as well as online sports betting in regulated U.S. markets.
Since its founding, the company has grown into a well-known operator in the U.S. fantasy sports and sports betting industry. It consistently focuses on expanding both its user base and its product offerings.
Overview
Latest News
Sports broadcaster Erin Andrews joins FanDuel as a Responsible Gaming Ambassador
Andrews will be tasked with creating responsible gaming content for FanDuel’s social platforms, participating in key campaigns and supporting broader education and awareness efforts.
FanDuel secures a first of its kind partnership with Formula 1
The sports betting and gaming company has been announced as the official betting operator of Formula 1.
FanDuel named first-ever sportsbook and casino partner of Toronto Tempo WNBA franchise
The Toronto Tempo represent the first WNBA franchise to be located outside the US and will officially kick off its inaugural season against the Washington Mystics on May 8.
FanDuel offers first full-game injury protection for 3% surcharge
Users have the choice to opt-in to Bet Protect+ prior to any wagers being placed on FanDuel, with the product having been launched before the NBA Playoffs officially began on April 18.
FanDuel waiving $0.50 per bet surcharge in Illinois through June 19
The move comes after Senator Daniel Didech introduced new legislation which would repeal the per wager tax enforced against mobile betting operators since September 2025.