FanDuel CEO Amy Howe has been ousted from that post after five years at the company, people familiar with the matter told CNBC. Christian Genetski, FanDuel president, will step in to lead the company, according to the people, who asked not to be named in order to speak about internal matters. Howe, head of the nation's leading sportsbook, has shepherded the sports betting company since 2021. She has overseen FanDuel during a time of dramatic expansion in sports gambling and other online gambling in multiple states. Shares of FanDuel parent company Flutter fell sharply in afternoon trading Wednesday, down roughly 2.5%. The stock has been under pressure, down almost 60% over the last year as investors have sold off gaming stocks more broadly amid the sudden specter of competition from prediction markets and worries about consumer spending due to higher gas prices and inflation worries. Shares of DraftKings are down almost 30% over the same time period.…