Flutter Entertainment’s US arm FanDuel Group has hired Amy Howe, previously global chief operating officer for ticket sales and distribution giant Ticketmaster, to the newly created role of president.
As president, Howe (pictured below) joins FanDuel’s executive team, reporting directly to chief executive Matt King. She will be given responsibility for commercial functions across its sports betting, casino, daily fantasy and racing products.
“I am delighted to welcome a leader of Amy’s extraordinary caliber to our executive team,” King said of the appointment.
“She has a proven track record of building highly successful digital and retail businesses and I’m excited to have her leading our commercial functions during a period of enormous growth for the company.”
Howe joins from concert promoter and ticketing giant Live Nation Entertainment, where she served as global chief operating officer for Ticketmaster arm.
During her tenure she was responsible for the digital transformation of its ticketing platform and business model, growing its mobile app install base by 400%. She also testified before the United States Congress Subcommittee for Energy and Commerce in this role.
Before joining Live Nation she was a partner at management consultancy McKinsey & Company, advising Fortune 500 businesses in the media, entertainment, retail and consumer goods sectors.
Howe said she was “honored” to join FanDuel at what she called an important moment in the business’ history.
“As the sports gaming industry continues to grow at a breakneck pace, I am excited to help fortify our leadership position and build new competitive advantages that will deliver sustained financial performance,” she added.
The appointment comes days after Flutter Entertainment’s 2020 results revealed that FanDuel Group’s revenue grew 80.1% year-on-year to £695m (€804m/$970m).
Customers staked £4.41bn in bets, resulting in sportbsook revenue of £458m, while gaming revenue soared 288.5% to £237m.