Who is the owner of FanDuel?

FanDuel, a popular fantasy sports betting company, is owned by Flutter Entertainment. Flutter Entertainment, previously known as Paddy Power Betfair, is an Irish bookmaking holding company created by the merger of Paddy Power and Betfair, and later the acquisition of The Stars Group. As of 2021, Flutter Entertainment acquired a majority stake in FanDuel, becoming its majority owner. The firm has effectively expanded its reach in the betting and gambling industry through various acquisitions and mergers, securing FanDuel's position as a leading player particularly in the U.S. sports betting market.