The number of days FanDuel TV will provide studio programming on linear television is reportedly dwindling as its parent company plans to sunset the network.
According to the Paulick Report, FanDuel plans to sunset its linear TV network over the next year and a half, ending its tenure as a live horse racing network. FanDuel TV’s imminent shuttering will not impact FanDuel’s programming of non-racing content that it delivers.
FanDuel’s non-horse racing shows, including Up & Adams and Run it Back, will continue.
The forthcoming end to FanDuel TV’s horse-related studio TV content will result in the reduction of roughly 60% of its workforce by July 1. The network will continue to make job cuts on a roll-out basis. Employees of FanDuel TV were notified on Friday of their parent company’s plans to phase out the business during a virtual town hall meeting.
“FanDuel is directing its investments toward the areas most critical to its long-term roadmap and core businesses,” FanDuel General Manager of Racing Andrew Moore told the Paulick Report. “Those principles resulted in making deliberate, difficult decisions to better align the company’s portfolio with where it sees the greatest opportunity.”
Despite its eventual end next year, FanDuel TV will have a presence at several marquee horse racing events in 2026, including the Breeders’ Cup World Championships.
FanDuel TV’s life cycle
FanDuel TV launched in 2022 as a rebrand of linear horse racing network TVG. The rebrand was the result of TVG being owned by Betfair, a subsidiary of FanDuel owner Flutter.
TVG initially launched in 1999 and was acquired by Flutter for $50m just 10 years later.
FanDuel TV is now set to close up shop after an evaluation of operations by FanDuel, which determined that the network was not viable for the company’s “long-term strategy.”
No impact on FanDuel wagering options
The end of horse-racing content delivered by FanDuel TV will not impact FanDuel’s horse race wagering operations. It will continue to offer online horse racing betting in the U.S.
FanDuel will also provide simulcast feeds of horse racing on its online wagering platforms.
The company’s horse racing platform, branded as TVG, reported a $2.2bn handle in 2025, according to data provided by the Oregon Racing Commission. TVG processes its online bets in Oregon, joining other horse wagering operators amid the state’s inexpensive licensing requirements and favorable approach to advance deposit wagering regulation.
In 2025, TVG was second in U.S. market share behind Churchill Downs’ TwinSpires brand. TVG held a roughly 33% market share for horse racing bets, with TwinSpires at 38%.
FanDuel also ending peer-to-peer fantasy product
FanDuel is also shuttering its peer-to-peer fantasy product, FanDuel Picks.
The offering will shut down in its 17 active states just seven months after its soft-launch in 2025. FanDuel Picks allowed users to create lineups made of picks based on whether or not a player would score more or less than their projected stat lines across multiple sports.
Customers could enter their lineup into contests to compete against other FanDuel Picks users for cash prizes. The product will stop accepting lineups on April 23, with users allowed to access their accounts until late May.
