FanDuel Reportedly Names Genetski Permanent CEO
FanDuel is reportedly set to drop the interim tag from Christian Genetski's job title. The US sportsbook leader, whose previous chief executive was ousted in May, will make him permanent chief executive from January 1, according to Front Office Sports, which obtained an email that Flutter Entertainment CEO Dan Taylor sent to staff on November 2.
Genetski has run the business since May, when Amy Howe was pushed out after five years in charge. The report says Taylor's email praised the work Genetski has done in the interim post and argued that confirming him gives FanDuel continuity at an important point in its growth. Neither Flutter nor FanDuel had issued a public announcement when the story broke, and FanDuel declined to comment to the outlet.
Flutter's own third-quarter results landed on November 4. Its earnings release, published the same morning, carries no mention of the appointment, so the move still rests on the leaked email rather than a formal company statement.
A Long-Serving Insider Takes The Top Job
Genetski has been with FanDuel for nearly 12 years, per Front Office Sports. His past roles include chief commercial officer and chief legal officer, which gives him experience across both the commercial and regulatory sides of the US betting business at a time when both are under pressure.
Taylor is also relatively new in his own seat. He took over as Flutter group CEO on October 1 after Peter Jackson stepped down, having previously led the company's international division. Flutter named Taylor group chief earlier this year, and the FanDuel decision is among his first big people calls in the role.
The report adds that it is unclear what pay package Genetski will receive. For context, an SEC filing shows Howe earned a base salary of about $1.06 million for fiscal 2025, with total compensation of almost $9 million including stock awards and incentives, down from $11.6 million a year earlier.
The Business He Inherits
Flutter's Q3 release shows what the permanent chief will be working with. US revenue came in at $1,455m, up 6%, with sportsbook revenue up 4% and iGaming up 8%. US adjusted EBITDA fell 94% to $3m after investment in FanDuel's prediction market offering and the launch in Alberta.
Flutter also trimmed its full-year outlook. The group now expects 2026 revenue of $17.61bn at the midpoint, down from $17.91bn previously, and US revenue of $7.34bn, citing unfavorable sports results in Q3 and the early part of Q4. The company said it expects a lower contribution from iGaming than it previously projected, while it sees an improved outlook for sportsbook performance. The earnings release is available on GlobeNewswire.
FanDuel's Prediction Platform
Front Office Sports describes the appointment as arriving during a turbulent stretch for FanDuel and the wider sector. Flutter's share price is down almost 60% year to date, though it has risen a little over 16% in the past month. FanDuel also launched its prediction market platform late last year, and last week it stopped Utah users trading sports, political and novelty contracts on FanDuel Predicts after the state filed felony charges against Kalshi.
The company has also been dealing with scrutiny from US lawmakers over its VIP bettor program, a row that began in July after a newspaper published a video recorded for a VIP customer. A customer featured in that story later sued FanDuel and DraftKings in March over claims their apps were designed to be addictive. How the new chief handles those issues will shape how the permanent appointment is judged once it takes effect in January.
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