Dublin, May 6 - Flutter moved to revamp the leadership of its U.S. FanDuel business on Wednesday, announcing that FanDuel CEO Amy Howe had left the company and that Dan Taylor, a veteran of Flutter, will take charge of the U.S. unit in a newly expanded role.
The management changes arrive a little over two months after Flutter surprised analysts by setting 2026 core profit growth guidance at 4% - a sharp deceleration from the more than 20% annual increases achieved in each of the previous four years. The company said that challenges in the U.S. market underpinned the slower outlook. FanDuel currently holds a leading 39% share in that market.
“It’s no secret that FanDuel has underperformed, but looking forward, we’ve got to get the right team in place to support the business,” CEO Peter Jackson said.
Jackson also indicated that the decision for Howe to leave was not hers. The reshuffle coincided with a modest downward adjustment to Flutter’s full-year growth forecast, which the company reduced to 1% on Wednesday. This guidance cut came despite first quarter profit coming in ahead of expectations.
The personnel change places a more senior Flutter executive at the helm of its U.S. arm at a time when the company has signaled a slower trajectory for core profit growth through 2026. The announcement highlights the company’s effort to address performance issues within its leading U.S. brand while also managing market and investor expectations after revising growth forecasts.
Context and implications
Flutter’s decision to expand Dan Taylor’s remit and to move on from Amy Howe is presented by management as part of a broader push to stabilise and support FanDuel’s performance in the U.S. market. The company framed the leadership change as necessary to assemble the right team to improve results going forward.
At the same time, the tighter full-year growth outlook to 1% indicates that, while quarterly profitability exceeded forecasts, the company sees material headwinds that will weigh on near-term growth expectations.
Market data noted in the release
- FanDuel holds a 39% share of the U.S. market.
- Flutter forecasted 2026 core profit growth at 4% after prior years of over 20% annual growth.
- Full-year forecast growth was trimmed to 1% even though first quarter profit beat expectations.