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Thursday, July 6th 2017

8:11 AM

FanDuel In FTC Merger Filing: ‘DraftKings Is The Country’s Largest DFS Provider’ by Dustin Gouker

FanDuel said that DraftKings is the largest daily fantasy sports operator in the country in filings in its case against the Federal Trade Commission.

That admission shouldn’t come as a surprise to any observers of the industry. DraftKings clearly has more users and entry fees in recent years.

Of course, we also know that DraftKings had operating losses of half a billion dollars two years ago in reaching that position. A report in the Boston Globe also intimated that DraftKings would have taken the lead, had the tie-up gotten a green light.

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