In 2021, FanDuel added a new feather to its cap with the launch of its racebook, becoming the first U.S. While FanDuel is a crucial player across all gambling sectors, its claim to fame is its sportsbook, active in 19 U.S. Following the fall of the Professional and Amateur Sports Protection Act (PASPA), FanDuel was acquired by Paddy Power Betfair, which later rebranded as Flutter Entertainment. It quickly ascended to the top ranks of the daily fantasy sports (DFS) domain, matching strides with its longtime competitor, DraftKings. Higher stake limits on odds boost marketsįanDuel hit the ground running in 2009, sprouting from the roots of an Edinburgh-based news prediction site.