Tag: DraftKings
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FanDuel Co-Founder Nigel Eccles Leaving for the eSports Industry
FanDuel CEO Nigel Eccles has decided to leave the company that he co-founded in 2009. This comes just months after FanDuel failed to merge with their rival DraftKings. Eccles will be replaced by Matt King, who was FanDuel’s chief financial officer from 2014 to 2016 starting immediately. While we don’t have a lot of details,…
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FTC Ruling Causes DraftKings and FanDuel to Squash Their Merger
DraftKings and FanDuel are no longer merging. Why? The FTC was attempting to block the merger, citing that it would be a monopoly. About a month ago, they released a statement indicating that the combined company would “control more than 90 percent of the U.S. market for paid daily fantasy sports contests.” Which, for all purposes is,…
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DraftKings and FanDuel are forming a Monopoly, I mean Merging
We know it was going to happen sooner or later but still feel unreal. DraftKings and FanDuel have officially merged into one big daily fantasy sports company. DraftKings and FanDuel estimate they have about five million users between the two companies. We don’t know much about the merged company but what we do know is…
