DAILY fantasy sports business FanDuel, which was recently forced to restructure its ownership model in favour of its private equity backers, has finally filed overdue accounts for the six months to the end of 2015, revealing that it made a loss during the period.

The business, which is gradually overcoming opposition to its activities from a number of US states, is now overdue with its accounts for the 2016 year, which should have been filed at Companies House by the end of September.

Companies House imposes fines on any business that is late filing its accounts. These start at £150 after one month and rise to £1,500 for over six months. The sums are doubled if the accounts are late two years in a row and a company can also be struck off the register.

FanDuel’s 2015 accounts, which cover the six-month period to December 2015 and which should have been filed at Companies House by the end of June this year, reveal that the firm made a pre-tax loss of $186 million on turnover of $64.5m.

In the preceding reporting period, which covered the 18 months to the end of June 2015, the business turned over $87.7m and made a loss of $103m.

The accounts noted that FanDuel’s overdue 2016 filing will contain details of $1.5m worth of severance costs after it made 60 employees redundant as well as a range of loans and multi-million dollar lobbying payments to be made jointly with former merger partner DraftKings.

After the collapse of the DraftKings deal, which was opposed by US competition authorities, FanDuel handed a greater slice of equity and more board control to its private equity investors.