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FanDuel Launches MySpend Dashboard to Support Safer Gambling Practices

Last updated: December 16, 2024

FanDuel has unveiled the MySpend dashboard, a new responsible gambling tool that provides users with personalized insights into their spending history. The dashboard allows players to monitor key metrics like deposits and net winnings over customizable timeframes.

FanDuel has launched MySpend, an innovative dashboard for user responsibility in gambling. This provides players with a complete history of their spending habits and allows them to be in better control of their budgets.

In a FanDuel press release, Alison Kutler, Vice President, Responsible Gaming and Community Impact at FanDuel, told the media that this addition is their way of ensuring customers’ safety.

This innovation was a product of research done on FanDuel customers, which indicated that players themselves wanted personalized insights relating to their gaming activities.

Nevertheless, this modification is occurring in the context of allegations regarding antitrust law violations against FanDuel and DraftKings.

What can customers expect from the MySpend RG Tool?

My Spend enables customers to gain a deeper insight into their gaming expenditure by tracking key metrics, such as deposits and net wins. As a result, customers can:

Observe their expenditure behaviors spanned across different periods, like seven days, four weeks, or even three months.

Set practical budgets and make informed decisions about their gaming activities.

To further assist responsible gaming practice, the dashboard integrates My Spend with FanDuel’s offerings of tools such as:

  • Setting deposit limits
  • Creating wager limits

This is being encouraged by a targeted campaign of advertisements. Its message is to provoke customers to monitor their expenditure and keep control over the budgeting behavior. In both English and Spanish, commercials will be aired on different media channels.

Gaming operators Inclined on Responsible Gaming Initiatives

It is no secret that in the gaming sector, operators are becoming increasingly committed to responsible gaming programs while at the same time upgrading their security measures, following several cyberattacks recently. This leads us to FanDuel’s earlier initiative, in which the company, ahead of the September Responsible Gaming Education Month (RGEM), announced a new program, “Trusted Voices: Conversations About Betting,” which will be used in helping to educate adults and young people about betting.

Companies like DraftKings are not left behind in this development; in March, the online casino operator unveiled a new responsible gaming tool, “My Stat Sheet.” This tool gives players the opportunity to track and interact with their personal statistics through charts, which in turn help them make data-driven, informed decisions during gameplay.

The platform offers customers a thorough overview of their activities, encompassing time spending.

This information can be viewed over monthly, yearly, or lifetime periods, and supplemented by user-friendly charts and filtering options. Like the My Spend tool, it also has limits on deposits and withdrawals.

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