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FanDuel Debuts New Peer to Peer Fantasy Product "FanDuel Picks" in Select States

1. FanDuel launches FanDuel Picks, enhancing fantasy sports engagement. 2. Customers can win up to 1,000x their entry fee with new product. 3. FanDuel Picks is available in 17 states, boosting accessibility. 4. FanDuel Group operates widely, has 17 million customers across the U.S. 5. Flutter Entertainment's subsidiary, enhancing its gaming portfolio.

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FAQ

Why Bullish?

The launch of FanDuel Picks indicates growth potential as customer engagement increases, akin to past product launches boosting revenue.

How important is it?

This launch introduces a competitive product likely to capture market share, impacting Flutter positively in short term.

Why Short Term?

Immediate customer engagement expected with the NFL season, likely to drive rapid revenue increases initially.

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FDNYFFLUT
, /PRNewswire/ -- FanDuel, North America's premier online gaming company, is introducing FanDuel Picks, a new peer-to-peer fantasy sports product. FanDuel Picks offers fans a simplified way to engage with their favorite athletes and a chance to win up to 1,000x their entry fee by building lineups and selecting whether the athletes will beat their projected stats during games. Customers new to FanDuel Picks who play $5 will get $60 in bonus funds. With FanDuel Picks, customers can pick three to six players, select "more" or "less" on the players' projected stat lines and set their contest entry amount. Customers earn points for every correct selection, and customers with the highest score win a share of the prize pool. "Just in time for NFL season, we are excited to bring fans a social way to engage with the sports and athletes they love with the launch of FanDuel Picks," said Rob Cullen, FanDuel Picks General Manager. "The 'more' or 'less' selection model offers a streamlined fantasy sports experience, and we look forward to offering our customers another way to interact with games this season." FanDuel Picks is now available in 17 states, including Alabama, Alaska, Arkansas, Georgia, Minnesota, Missouri, Nebraska, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Dakota, Texas, Utah and Wisconsin. About FanDuel GroupFanDuel Group is the premier mobile gaming company in the United States. FanDuel Group consists of a portfolio of leading brands across mobile wagering including, America's #1 Sportsbook FanDuel Sportsbook, its leading iGaming platform FanDuel Casino, the industry's unquestioned leader in horse racing and advance-deposit wagering, FanDuel Racing and its daily fantasy sports product. In addition, FanDuel Group operates FanDuel TV, its broadly distributed linear cable television network and FanDuel TV+, its leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta and Jersey City, as well as in Canada, Scotland, Ireland, Portugal, Romania and Australia. FanDuel Group is a subsidiary of Flutter Entertainment, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and traded on the New York Stock Exchange (NYSE: FLUT). Media Contact: [email protected] SOURCE FanDuel Group WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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