FanDuel TV Announces Shutdown, Cutting Over 100 Jobs by 2027
In a surprising move, FanDuel TV has revealed plans to cease operations of its dedicated horse racing television network by 2027. The decision will result in the loss of more than 100 positions, with initial layoffs scheduled for November this year. The announcement has sent shockwaves through the racing community, particularly affecting on-air talent like former jockey Joe Talamo.
Joe Talamo's Unexpected Career Shift
Joe Talamo, a retired jockey with an impressive career tally of over 2,300 wins and nearly £100 million in prize money, expressed his dismay at the news. Having retired in 2024 at age 33, Talamo joined FanDuel TV as a full-time host and racing analyst in August 2025, after earlier freelance appearances. He remarked, "I did not have this on my bingo card", highlighting the suddenness of the closure.
Talamo, who earned an Eclipse Award and won 24 Grade 1 races during his riding career, flourished in his broadcasting role. However, he confirmed that his last day will be June 30, as part of the phased job cuts. In an emotional interview with his wife Elizabeth, he reflected, "They gave me an opportunity and let me jump in and swim. I just can't believe it's only three more months."
Corporate Restructuring and Industry Backlash
FanDuel TV's parent company, Flutter Entertainment, which owns Betfair and other betting brands, stated that the closure aims to refocus on its core sports betting operations in the US. The company informed staff that 60% of the workforce will be let go by the end of June, following commitments around the Kentucky Derby and Keeneland meets. The remaining job losses will occur by November, leading to a permanent shutdown in November 2027.
The decision has sparked criticism from racing figures, including British broadcaster Nick Luck, who works for NBC in the US. Luck posted on social media, "A dismal decision by those in high command @FlutterEnt - come on... do better, understand the pleasure that @FanDuel TV has brought to so many over so long, and step up."
Colleagues Express Support for Talamo
FanDuel colleague Mike Joyce praised Talamo's broadcasting skills, saying, "I feel for Joe because he was just starting this second career and he's really effing good at this. You can't teach likability and Joe has that in spades. Don't give up on being in front of that camera, brother."
Another pundit, Simon Bray, added, "I love @JoeTalamo. He was a great addition to our team but moreover he is one of the nicest and most genuine people you could ever meet." Bray referenced Elizabeth Talamo's comment about her husband bringing a fun energy to the set, and expressed hope to see him at the Kentucky Derby for a final broadcast.
The closure marks a significant shift in US horse racing media, leaving many to ponder the future of dedicated racing coverage and the impact on professionals like Talamo who have transitioned from the track to television.
