FanDuel announced it will phase out its television simulcast wagering platform by the end of 2024, a move that has surprised many in the horse racing industry. The decision marks a significant shift away from traditional TV-based betting, with FanDuel choosing to concentrate on its online and mobile betting applications instead. The changes mean that bettors who currently use cable or satellite television to place wagers on horse races will need to transition to FanDuel's digital platforms. Industry insiders have expressed concerns about the impact this might have on wagering revenue streams and fan engagement, as TV simulcasting has long been an essential channel for horse racing betting. FanDuel’s strategic decision underscores a broader trend favoring digital and mobile technology in the betting sector, but it also leaves uncertainty about the future role of television in horse race wagering. The company has communicated that the phase-out will be gradual, with the television wagering option available until December 31, 2024, providing bettors time to adapt.