Chief Executive Officer – Fanatics Betting & Gaming
Fanatics Betting & Gaming launched its first retail sportsbook in January 2023. The company followed in the footsteps of other sports-related brands such as FOX, Sports Illustrated, and ESPN in believing they could rival the traditional gambling brands.
Under the leadership of former FanDuel CFO turned CEO Matt King, Fanatics has succeeded where other have failed. It is active with its online sportsbook in 24 US jurisdictions and has retail betting in 25. It is also live with online casino in Michigan, New Jersey, Pennsylvania and West Virginia.
But Fanatics is not just there to make up the numbers, it has overtaken the likes of BetMGM and Caesars Sportsbook in several key states and is rapidly catching them up in the rest. With a CEO like Matt who knows how to expand a business without losing sight of the finances that make it viable, Fanatics is shaping up to become the most likely challenger to the dominant betting operators in the United States.