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BETTING

FanDuel Announces New “My Spend” Responsible Gaming Feature

FanDuel Party Kentucky Derby
A view of signage during The FanDuel Party at The Kentucky Derby at Old Forester's Paristown Hall on May 03, 2024 in Louisville, Kentucky. Jeff Schear/Getty Images for FanDuel/AFP

Responsible gambling has been at the forefront of legislative and regulatory agendas, which has prompted many online gaming platforms to integrate tools consistent with those objectives.

FanDuel has recently announced the launch of “My Spend,” a feature within its platform for customers to use if they want to know how much and where their gambling dollars are being spent.

Gaming Habits Dashboard

Mobile sports betting and, to a lesser extent, online casino gambling have caught on like wildfire across the US, and legislators are becoming increasingly concerned about the deleterious effects they may have on those who could be vulnerable to addiction.

According to the National Council on Problem Gambling, two million American adults qualify as those with “severe” gambling addictions, and it has become a topic of discussion to the point where federal intervention, in the form of the SAFE Bet Act, is being deliberated.

However, the American Gaming Association and the vast majority of regulators believe the tools currently in place at the state level to address the problem are sufficient. Nevertheless, many of the sports betting platforms have been proactive in getting ahead of the issue, and FanDuel’s “My Spend” tool is just another example.

A Proactive Approach

FanDuel Vice President of Responsible Gaming and Community Impact Alison Kutler said the reasons behind the “My Spend” tool were to allow its customers to have real-time access to their betting history and evaluate whether they are spending more than they can afford.

“FanDuel believes our customers should always have a budget and plan in mind when they engage with our products, and we are thrilled to introduce My Spend to help customers track their spending and manage their play,” said Alison Kutler, Vice President, Responsible Gaming and Community Impact at FanDuel. “As we look to continuously raise the standard for what it means to be a responsible operator, we look forward to continuing to bring new and innovative ways to support our customers.”

Trusted Voices

My Spend may be the latest tool released by FanDuel to address problem gambling, but it is by no means the company’s only foray into addressing the issue.

The Responsible Online Gaming Association (ROGA), founded by FanDuel and six other major online sports betting platforms, including BetMGM, Bet365, DraftKings, Fanatics, Hard Rock Digital, and PENN Entertainment (ESPN Bet), is a coalition designed to share information between the operators that have been excluded from their respective platforms due to problem gambling. Collectively, the seven mobile gaming operators spent $20 million in 2024 to fund the organization.

Trusted Voices Program

FanDuel has also funded its own Trusted Voices program, which was launched in September during Responsible Gaming Education Month. FanDuel tapped former NBA player Randy Livingston and his wife, sports agent Anita Smith, to launch “Trusted Voices: Conversations About Betting.”

Livingston had his own problem gambling issues, and he has courageously shared his painful journey to help others who may be going through the same experience.

“As legal sports betting continues to become more accessible, I knew I wanted to use my experience to help families engage in proactive and informed conversations about gambling,” said Livingston. “It became apparent to me and Anita that FanDuel shares our goal of helping parents navigate these tough but important conversations.”

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