referring to fox47news
Once Competitors, DraftKings And FanDuel Are Teaming Up To Stay Afloat
Once Competitors, DraftKings And FanDuel Are Teaming Up To Stay AfloatDraftKings and FanDuel are trying to merge in what could be a last-ditch attempt to save each company.Both companies operate daily fantasy sports sites.They're similar to regular fantasy football teams where players pick from a pool of pro athletes based on who they think will have a better game.
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additionally digitaltrends
DraftKings and FanDuel to Merger
DraftKings and FanDuel to MergerRemember when competing fantasy sports sites DraftKings and FanDuel debuted?They beat each other's brains out with advertising, and if you watched any major sports programming, it seemed that every commercial break or featured segment featured one site or the other.ESPN says the two companies spent an estimated $750 million combined on such things last year.
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moreover from insideworldfootball
Daily fantasy sports giants DraftKings and FanDuel to merge
Daily fantasy sports giants DraftKings and FanDuel to mergeBy Paul NicholsonNovember 21 – The world's two largest daily fantasy sports sites (DFS) DraftKings Inc. and FanDuel Inc. are to merge into one mega US corporate gaming operator as they battle against regulatory challenges to their business model.DFS are an evolution of traditional fantasy sports games but played with a cash buy-in and a potential cash win.Players generally choose from a number of games depending on price and cash prizes, they then enter their virtual teams, with the game operator generally making their money by taking 10% of the entry fee.
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