FanDuel agrees to repay Jaguars $5m after employee’s stolen-funds betting
FanDuel agreed to repay the Jacksonville Jaguars $5m after former team finance manager Amit Patel gambled almost $20m in stolen funds on the sportsbook, according to the report. FanDuel said it agreed to the payment to maintain its relationship with the NFL; Patel’s lawsuit alleging the company exploited his gambling problem remains part of the reported dispute.
The repayment and related allegations have implications for operator conduct and customer-protection scrutiny.