FanDuel Pioneers Shared Wallets for Racing and Betting

FanDuel will become the first company in the United States that allows customers to bet on sports and horse racing through a single account.

FanDuel has launched a merged wallet for sports betting and horse racing. It is the first North American sportsbook to offer both. The feature is already soft-launched last week and is proving to be a success. FanDuell's owner company, Flutter Entertainment, is a specialist in horse races. From 2023, Fanduel Sportsbook users will be able to wager on the Kentucky Derby. They will also be allowed to watch racing coverage from the company's TV app. In addition, the feature can be used by sports punters in the following states: New York, Illinois, Indiana, Maryland, West Virginia, Wyoming, Michigan, Colorado and Virginia.

Horse racing is a big part of our DNA. This is an opportunity to expose a broader audience to the sport in a familiar environment.