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Christian Genetski is set to become FanDuel’s permanent chief executive Jan. 1, 2027, ending the interim role he took on in May, Front Office Sports reported Nov. 2. Flutter Entertainment, FanDuel’s parent company, has not formally announced the move.
Flutter CEO Dan Taylor told employees of the decision in an email obtained by Front Office Sports. Flutter’s third-quarter earnings report and call on Nov. 4 did not address the appointment. A FanDuel spokesperson declined to comment, and Genetski’s pay has not been disclosed.
The report surfaced two days before the earnings release, an unusual time for internal company news to become public. Flutter shares fell more than 3% in early trading Nov. 3 after rising 6.1% the previous day.
Taylor says move ensures stable leadership
Taylor became Flutter’s CEO on Oct. 1 after Peter Jackson stepped down. In his email, he said Genetski “has done a fantastic job leading FanDuel on an interim basis,” according to Front Office Sports.
Taylor said Genetski knows the business and has been part of its growth from the start. He added that a permanent appointment gives the company continuity at an important point and lets the team build on its recent progress.
Genetski’s long climb through FanDuel’s ranks
Genetski took over in May after Amy Howe was pushed out. He has been FanDuel’s president since 2022 and previously served as chief commercial officer and chief legal officer.
Howe’s pay shows what the job can be worth. For fiscal 2025, she earned a base salary of about $1.06 million, according to a Securities and Exchange Commission filing cited by Front Office Sports. Her total compensation, including stock awards and other incentives, was almost $9 million, down from $11.6 million the year before.
Earnings miss clouds Genetski’s big promotion
Genetski took over as FanDuel was losing market share and Flutter’s stock was falling. Flutter later lowered its adjusted EBITDA outlook after a misstep on promotions during the NFL season that continued to weigh on FanDuel’s results into 2026.
Third-quarter results did not reverse that trend. Flutter reported $3.87 billion in revenue, up 2.1% from a year earlier but below analysts’ expectations of roughly $4 billion, and it cut its 2026 revenue target by $300 million to $17.61 billion.
FanDuel’s US revenue grew 6% to $1.45 billion. Taylor said the quarter gave him confidence the company is “moving in the right direction.” Shares were trading up more than 2% on the morning of the report, Front Office Sports reported.
Prediction markets and Congress add pressure
Genetski also leads a business facing new competition and closer scrutiny. Late last year, FanDuel launched the prediction market platform FanDuel Predicts to compete with Kalshi and Polymarket. Taylor acknowledged on the earnings call that the platform, until recently, “was not competitive.”
On Oct. 30, FanDuel stopped Utah users from trading on sports, politics and novelty event contracts. The move came after the state filed felony charges against Kalshi on Oct. 28.
FanDuel is also under pressure over its VIP bettor program. Sen. Richard Blumenthal, D-Conn., and Reps. Paul Tonko, D-N.Y., and Valerie Foushee, D-N.C., have pressed the company over the program since August. Their inquiry followed a video Phillies star Bryce Harper recorded for a VIP bettor.
That bettor, Terry Thompson, sued FanDuel and DraftKings in March, claiming the companies deliberately designed their apps to be addictive.
