In an attempt to keep funding the Empire State’s online gambling industry, FanDuel, the dominant force in US sports betting, moved to a 36,000-square-foot space in the Flatiron District and unveiled its new Manhattan headquarters this week.
Senator Joseph Addabbo Jr. of New York State, a prominent expert on gambling regulation and responsible gaming legislation, was among the many political and business leaders who attended the event.
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Amy Howe, the CEO of FanDuel, told the audience that it had been years in the making. “I am incredibly excited.” The first day of school seems like today. The company’s old Park Avenue South headquarters has been replaced with a modern facility that features sports-related artifacts, including an autographed Rob Gronkowski jersey and classic Yankee Stadium seats.
Established in 2009 and headquartered in New York for over a decade, FanDuel, a UK-based company, had its third-highest revenue month in the state in May. The sportsbook dominated the market with a 13.5% hold rate, bringing in $108.8 million in revenue and $803.1 million in handle, according to the New York Gaming Commission. For the fiscal year 2025–2026, FanDuel claimed a $2.14 billion handle in New York.
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