Renzin, a former in-house lawyer at JPMorgan Chase & Co., takes on the role after serving since early last year as head of risk and compliance at FanDuel, which is owned by Irish bookmaker Flutter Entertainment Plc.
She succeeds Christian Genetski, a longtime FanDuel attorney whose company announced last month that he would move to overseeing its business development, corporate strategy, government affairs and partnership units in its new role of president. FanDuel announced Renzin’s promotion in an August 1 statement.
The company and its Boston-based daily fantasy sports and gaming rival, DraftKings Inc., have faced a changing legal and regulatory landscape amid a US sports betting boom.
Fanduel operates in 15 US states and has partnerships with professional sports leagues and franchises. He enlisted law firms to work with federal and state government officials in an effort to make sports betting even more mainstream.
Public records show FanDuel paid $10,000 last year to Skadden, Arps, Slate, Meagher & Flom for the company to lobby Congress.
Intellectual property boutique Erise IP and Fenwick & West have collectively played a role in nearly 53% of FanDuel’s caseload in US federal courts over the past five years, according to data from Bloomberg Law.
Wachtell, Lipton, Rosen & Katz advised Flutter in its bid to take over FanDuel in 2018 from the company’s former owners, who turned to Wilson Sonsini Goodrich & Rosati two years later to manage their exit from 4, $2 billion from the company.
Legal hiring spree
New York-based FanDuel has hired at least half a dozen attorneys so far this year, said company spokesman Kevin Hennessy.
These include former Wilson Sonsini partner Brian Fried and Societe Generale SA lawyer David Khalily, who were hired in May as legal and regulatory adviser and chief privacy and security officer. data, respectively.
Thomas Szymanski, who earlier this year became a partner at FordHarrison, joined FanDuel in April as director of labor and employment.
Herrick, partner of Feinstein, Audrey Sheetz was hired in March as a trial attorney.
And in January, FanDuel added former Skadden partner Brendan Lum and Oneworld Management Co. general counsel Andrea Berner to its legal, business and regulatory affairs ranks.
FanDuel also promoted Jonathan Fishner, a former Sidley Austin associate who was hired two years ago, to senior manager of federal regulatory compliance and anti-money laundering in March, said Hennessy, the company’s spokesperson.
Fishner is part of a FanDuel legal team that includes legal and business counsel Alan Conklin, who joined the company in late 2021 from LG Electronics USA Inc. FanDuel also brought in Charles Hurley, a former Chief Business Officer of the now defunct Arena. Football League, in an in-house counsel role last year.
Genetski, FanDuel’s former chief legal officer, said in a statement that during Renzin’s nearly three-year tenure, she helped build a regulatory and compliance function at a time of “transformative change” for the company.
“I am confident that she is the right choice to lead our high-performing legal team in the future,” he said.