FanDuel’s iGaming customers in three states will have access to its progressive jackpots through the company’s digital slot machines, which could be worth millions.
Investing to Win
FanDuel Casino’s progressive jackpot system is live across three states, including Michigan, New Jersey and Pennsylvania. FanDuel customers in those markets now have access to those slot titles that are eligible for a progressive jackpot by adding an additional 10 cents to each spin for a chance to cash in big on any of four FanDuel jackpots.
FanDuel has been focusing on building its brand in the online casino gambling arena and acquired technology company BeyondPlay in February 2024 for $26 million. It appears to be money well spent, as the iGaming portion of the business is growing.
Asaf Noifeld, the managing director at FanDuel Casino, spoke glowingly about the integration of BeyondPlay’s technology into FanDuel’s iGaming ecosystem.
“I’m absolutely delighted with the acquisition of BeyondPlay. Our US strategy is about investing to win, and continuously improving our iGaming proposition for our customers is a key part of that. This acquisition further strengthens FanDuel Casino’s leading customer experience by adding BeyondPlay’s best-in-class jackpots and multiplayer technology.
Gaining Steam
Although FanDuel is edging its archrival, DraftKings, in the online sports betting market, the Boston-based bookmaker is currently the king of iGaming in the nation. However, FanDuel has been gaining and recently knocked BetMGM out of the second spot. FanDuel’s iGaming segment showed revenues spiked 32% year over year.
In Flutter Entertainment’s 2025 Q1 earnings report, it was reported that its subsidiary, FanDuel, held 48% of US sportsbook net gaming revenue and 43% of sports betting gross gaming revenue, retaining its title as America’s most popular sportsbook. Its average monthly players (AMPs) also increased 8% to 14.9 million.
“We are really excited about our next-generation pricing capability,” Flutter CEO Peter Jackson said in a letter to shareholders. “Through a highly intuitive customer interface, enabled by new revolutionary pricing technology, customers will be able to choose from an almost infinite number of outcomes across the most relevant and immersive betting markets.”
The prediction market could also be in FanDuel’s future, as sportsbooks are enviously taking note that derivatives trading platforms like Kalshi are operating unencumbered by state regulatory agencies and offering sports betting contracts.
Flutter owns Betfair, a European exchange, and many of those employees are educating FanDuel’s staff on how to operate a futures trading platform.
“We do operate the world’s largest sports betting exchange, so we know this space well,” Jackson said. “It tells us that you have to be quite thoughtful about how exciting the exchange product can be when you have a fully-fledged sportsbook available.”
