70,000 Bets a Minute: How FanDuel’s Parent Is Winning at Sports Gambling

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 11 May 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we’re bringing you an episode of Bold Names, which presents conversations with the leaders of the bold-named companies featured in the pages of The Wall Street Journal. On this episode, hosts Tim Higgins and Christopher Mims speak to Peter Jackson, the CEO of Flutter Entertainment, who leads a global sports betting empire. With the U.S.-based FanDuel as its crown jewel, he has a prime view of one of the fastest-growing and most profitable entertainment industries in the world. How is Flutter using technology to supercharge sports betting, while grappling with its potential harms? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Americans love using their credit cards, the most secure and hassle-free way to pay.
0:04.0	But DC politicians want to change that with the Durban Marshall Credit Card Bill.
0:08.0	This bill lets corporate megastores pick how your credit card is processed,
0:13.0	allowing them to use untested payment networks that jeopardize your data security and rewards.
0:18.0	Corporate megastores will make more money and you pay the price.
0:22.1	Tell Congress to guard your card because Americans lose when politicians choose. Learn more at
0:28.1	guard your card.com.
0:32.1	Hey, what's news listeners. It's Sunday, May 11th. I'm Luke Vargas for the Wall Street Journal,
0:38.7	and this is What's News Sunday? We tackle big questions here, so we figured you'd like this episode of our
0:43.7	sister podcast, Bold Names, where hosts Tim Higgins and Christopher Mims pose some big questions
0:49.9	to the biggest names in business. This week, the online betting industry is growing.
0:56.1	During this year's Super Bowl, gambling company Fanduel was winning big.
1:00.5	70,000 bets a minute big.
1:03.3	And today we're bringing you Tim and Christopher's conversation with Peter Jackson,
1:07.1	the CEO of Fandual's parent company Flutter.
1:10.1	What does the man at the top have to say about one of the most profitable entertainment industries in the world and how technology supercharging it?
1:21.1	Tim, I think this week's episode is one of the most interesting we've done yet.
1:26.1	And tons of new listeners are going to tune in for the first time ever.
1:30.2	Oh, yeah? Want to bet? Funny you should mention. This week's guest is the CEO of the company behind Fandul, the biggest U.S. company in sports betting by revenue.
1:39.9	Even if you don't care about sports, his industry is transforming the U.S.
1:44.7	Right.
1:51.0	It was estimated that Americans would wager roughly $1.4 billion on the Super Bowl this year.
	...

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