The CEO of FanDuel has been pushed out after five years leading the sportsbook, sources confirmed to Front Office Sports.
Amy Howe, who joined FanDuel in 2021, will be replaced by current FanDuel president Christian Genetski. It was not immediately clear whether he will be named CEO on a temporary or permanent basis. The news comes just a few hours ahead of the first-quarter earnings call for FanDuel’s parent, Flutter Entertainment, whose stock is down more than 54% year-to-date.
Representatives for FanDuel declined to comment.
Separate emails sent internally to FanDuel employees on Wednesday by Howe and Genetski, which were obtained by FOS, did not explicitly say she was ousted.
“As I sit down to write this, I’m filled with a combination of gratitude and tremendous pride for what we’ve accomplished together as the industry leader in online gaming,” Howe wrote. “After more than five unforgettable years, the time has come for me to step away from FanDuel and begin a new chapter.”
Genetski wrote: “I know you have only had a moment to read and digest the lovely farewell note from Amy. I’d like to share a few personal reflections before turning to what comes next.” He said FanDuel has “risen to new heights across every measurable metric” under her leadership. “That is a testament to her steadfast commitment to hard work and the pursuit of excellence.”
“Periods of transition can be difficult to wrap your head around,” Genetski added.
The entire sports betting industry has found itself in a period of transition over the last year, grappling with increased competition from prediction-market companies like Kalshi and Polymarket. Those platforms allow users to put money on sports in all 50 states, minus Nevada right now, where the state’s gaming commission has scored tentative legal victories barring Kalshi and Polymarket from offering sports event contracts.
There are dozens of lawsuits winding through the court system and experts expect the issue will eventually reach the Supreme Court. But despite the controversy over sports event contracts, gambling giants like FanDuel and DraftKings have been forced to confront the new competitors. Each company launched prediction-market platforms late last year. DraftKings has similarly faced stock struggles; its share price is down more than 31% year-to-date.
In February, Flutter posted 2025 handle growth—or total dollars bet by customers—of 3%, which fell short of expectations. The company chalked that up to “poor football matchups” in the NFL season and playoffs. Flutter CEO Peter Jackson projected confidence then, saying the company expected handle to improve with a number of major events in 2026, including March Madness and the World Cup. “Soccer is actually the fourth most popular sport for us,” Jackson said.
Although many questions were asked about prediction markets, Jackson and Flutter CFO Rob Coldrake declined to offer specifics about potential future revenue related to its platform.
During its own fourth quarter earnings call in February, DraftKings reported positive net income—$3.7 million on the year—for the first time in company history (DraftKings was founded in 2012). It was also more forthright about its prediction-market plans, with CEO Jason Robins saying the company is “moving with urgency” and forecasting “hundreds of millions in annual revenue for DraftKings Predictions in the years ahead.”
