FanDuel's Television Phase-Out Shocks Racing Industry
Many fans "don't know a time without TVG or FanDuel," broadcaster Caton Bredar said.
By Byron King
FanDuel TV, a longtime fixture in North American horse racing television coverage, plans to sharply reduce television coverage this year and will eliminate broadcasting racing on television by 2027, according to Paulick Report.
News of its wind-down shocked employees during a March 27 video meeting with FanDuel TV executives. The reduction is expected to impact more than 100 employees, according to Paulick Report.
Andrew Moore, general manager of racing for FanDuel, told Paulick Report this move "was not an easy decision" but that "FanDuel conducted a thorough review of the business, and the investments needed to support a linear network didn't align with its long-term strategy."