How to lead a company from an unpromising situation to market leadership is a secret most betting and gaming industry executives would love to learn. In Issue 30 of SBC Leaders magazine, FanDuel President Christian Genetski gives readers the inside track on how he and his colleagues managed to do just that.
In a revealing interview to mark Genetski’s imminent induction to the Sports Betting Hall of Fame during next month’s SBC Summit North America, he details not just the many positives of the FanDuel story, but also some of the greatest adversities it has faced.
“After the DraftKings merger was blocked by the FTC in August of 2017, FanDuel was pretty much out of money,” recalls Genetski. “So we had to immediately do an internal capital raise to keep the lights on and take in just enough money to say, ‘we’ve gotta sell the company, merge the company, or find a path to a much bigger capital infusion in the next nine months’.”
He also talks about his hugely important public affairs wo..