The FanDuel TV linear network, which got its start in 1999 as the Television Games Network (TVG) broadcasting races from around the world, is being phased out over the next 20 months.
FanDuel TV employees learned during a company-wide town hall video meeting earlier today that more than 100 jobs will be eliminated by the end of November 2026. FanDuel CEO Amy Howe said continuation of the network did not align with the company’s long-term strategy. Already one of the leading sports betting companies in the U.S., FanDuel entered the prediction market arena in December 2025.
FanDuel TV will reduce its workforce by about 60 percent at the end of June, after honoring commitments to Keeneland and Triple Crown coverage. The remaining employees will continue through the end of November.
The FanDuel Racing and TVG account deposit wagering platforms will continue to operate. FanDuel/TVG handled $2.239 billion through the Oregon Racing Commission hub in 2025, a slight increase from the previous year but less than its wagering totals in 2023, 2021, and 2020. In 2020, when the COVID outbreak forced most racetracks to ban on-track attendance, wagering on the TVG app nearly doubled from 2019, going from $1.249 billion to $2.460 billion. FanDuel/TVG had a 32.8 percent market share of the $6.824 billion in wagers bet through the Oregon hub in 2025, second to Churchill Downs Inc.-owned TwinSpires, which had a 37.7 percent share.
https://paulickreport.com/news/the-biz/fanduel-tv-to-be-phased-over-100-jobs-will-be-eliminated-by-end-of-2027