The Business of Sports Betting: FanDuel’s Amy Howe on What’s Next for the Industry

On today’s episode Brendan Vaughan talks with Amy Howe, CEO of FanDuel. If you’ve watched just about any sporting event, or listened to a podcast from the Ringer, you’ve heard about FanDuel. They are one half of the duopoly at the top of the booming world of sports betting. (Draft Kings is the other.) 

Ever since the 2018 supreme court decision that struck down a federal law prohibiting sports gambling, the industry has been on a steady rise. It’s legal in 40 states now, with the notable exception of California. The industry’s revenue has grown exponentially year over year with nearly 14 billion in total revenue in 2024 according to the American Gaming association. The vast majority of that revenue came from online betting on platforms like FanDuel. But, while the economic gains are impressive, there are downsides to combat…like problem gambling and the specter of match fixing.