Peter Jackson to Step Down as CEO of FanDuel Parent Company Flutter

Brad Senkiw - Contributor at Covers.com
Brad Senkiw • News Editor 16+ years betting experience
Updated: Aug 5, 2026 , 08:18 AM ET • 4 min read

Announcement made during company's Q2 earnings release. Flutter’s shares are down over 50% for the year as concerns over prediction market positioning arise.  

Photo By - Reuters Connect. Peter Jackson, CEO of Flutter Entertainment, attends the FanDuel parent company’s listing at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. REUTERS/Brendan McDermid

Flutter Entertainment’s Peter Jackson is ending his role as CEO of the world’s largest gaming company. 

Key Takeaways

  • Dan Taylor is taking over leadership of Flutter at the end of September.
     
  • Jackson will continue to hold an advisory role during the transition. 

  • Flutter’s shares are down over 50% for the year as concerns over prediction market positioning arise.  

The parent company of U.S. sports betting and iGaming market-share leader FanDuel announced on Wednesday that Flutter president and CEO of the international division Dan Taylor will take over leadership of the entire group on Oct. 1. 

“After nearly nine years as CEO, I believe this is the right point in Flutter’s journey for me to hand over the leadership of the business to Dan,” Jackson said in Flutter’s second-quarter earnings release. “In my time as CEO, Flutter has changed beyond recognition, transitioning from a UK-focused Paddy Power Betfair, into the world’s leading online sports betting and iGaming operator, with market-leading positions in the U.S. and around the world. 

“Having worked closely together for years, I am confident Dan and the leadership team will continue to build on Flutter’s success.”

The move follows the exit of FanDuel CEO Amy Howe in May and comes amid a period in which prediction market sites eat into online sports betting activity.

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Time of transition 

Jackson will stay on in an advisory role the rest of 2026 to help with the CEO transition during the NFL season, which is the busiest time of the year for sports betting operators.

“I’m delighted to take on the role of Group Chief Executive Officer at such an important time for Flutter,” Taylor said. “Our priority will be to keep delivering for our colleagues, customers and shareholders, while building on the momentum we’ve created across the business.”

Taylor has overseen an international division that generated more than $9 billion in revenue and over $2.2 billion in Adjusted EBITDA in 2025. Flutter’s global footprint has expanded to Italy and Brazil through acquisitions over the last couple of years under Taylor’s leadership, strengthening the company’s position in regulated markets. 

Flutter said Taylor has also been integral in “shaping FanDuel’s recent sportsbook improvement plan, which is showing encouraging early signs of momentum.”  

Challenges ahead

John Bryant, chair of the Flutter board, praised Jackson for leading Flutter to “gold medal positions around the world” and called Taylor “the right person” to lead the company into an important phase. 

FanDuel has been built into a juggernaut U.S. gaming company, but there are rising concerns over the FanDuel Predicts brand's position in the burgeoning prediction market industry. Shares are down 51% during the first seven months of 2026, and the sports betting product experienced a 15% year-over-year revenue decline during a Q2 that featured the FIFA World Cup. 

“The opportunities ahead are significant – both those we see in the market today and those we will create ourselves in the future,” Taylor said. “I look forward to leading the business as we continue to innovate, grow and build on the strengths that make Flutter unique.”  

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Brad Senkiw - Covers
News Editor

Brad has been covering sports betting and iGaming industry news for Covers since 2023. He writes about a wide range of topics, including sportsbook insights, proposed legislation, regulator decision-making, state revenue reports, and online sports betting launches. Brad reported heavily on North Carolina’s legal push for and creation of online sportsbooks, appearing on numerous Tar Heel State radio and TV news shows for his insights.

Before joining Covers, Brad spent over 15 years as a reporter and editor, covering college sports for newspapers and websites while also hosting a radio show for seven years.

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