Daily fantasy sport and sportsbook operator FanDuel Group announced in a press release today the appointment of David Jennings as the company’s Chief Financial Officer (CFO).
Switching from Dublin to New York
New CFO Jennings will be responsible for all of FanDuel Group’s finance functions, overseeing financial planning and analysis, strategy, accounting, procurement, tax and treasury to ensure the smooth running of the company’s Sportsbook, Casino, Racing, Daily Fantasy, and Retail divisions, as well as its corporate functions.
“David is a consummate financial executive who brings valuable institutional knowledge to FanDuel, and I’m delighted to welcome him to our leadership team.”
Amy Howe, President and CEO, FanDuel Group
Jennings brings to FanDuel invaluable experience across investor relations, financial planning and analysis (FP&A), and corporate finances gained at parent company Flutter Entertainment where he served as Group Director of Investor Relations and FP&A, after a period of leading the Corporate Development team.
“As we continue to grow our business and increase our market share, David will bring a keen eye for how we can continuously improve our financial approach and discipline, a hallmark of Flutter and FanDuel’s strength.”
Amy Howe, President and CEO, FanDuel Group
Jennings joined Dublin-headquartered Flutter Entertainment in October 2018, having spent more than 18 years as an equity research analyst, first at Goldman Sachs Asset Management, where he stayed until the beginning of 2003, and then at J&E Davy.
In his latest equity research analyst role, Jennings focused primarily on stocks of companies from the gaming industry, paying special attention to the booming online and mobile sports betting vertical.
Following his new appointment, holder of a Bachelor of Arts in Economics and Business from Trinity College Dublin Jennings will be switching Flutter’s headquarters in Dublin with FanDuel’s headquarters in New York.
Presence across All 50 US States
As a subsidiary of the world’s largest sports betting and gaming operator, FanDuel Group operates a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV and media, including FanDuel, Stardust Casino and TVG, and is present in all 50 US states with a customer base of 12 million.
In April, FanDuel renewed its existing partnership with the New York Yankees ahead of the new season of Major League Baseball (MLB) as part of its efforts to engage with sports fans and bettors by offering them premium hospitality services and experiences in collaboration with the MLB franchise.
Also in April, FanDuel teamed with seven division boxing champion Amanda Serrano to become Serrano’s exclusive sports gaming partner ahead of her historic Madison Square Garden title fight against Katie Taylor and once again affirm the company’s support for female athletes.