Bipartisan lawmakers call on FTC to investigate FanDuel, DraftKings
Dec 6, 2024 · Lee and Welch accused the two sports betting companies of working together to “obstruct or impair competition,” which is a direct violation of federal antitrust law. The alleged illegal activity...
FanDuel vs. DraftKings: Who has the best sportsbook? - Sporting News
3 days ago · FanDuel and DraftKings are the two biggest names in US sports betting. Which is better? Our guide shows what you get with each and how they compare.
DraftKings Stock Dips Amid Calls for Antitrust Investigation
Dec 6, 2024 · U.S. lawmakers have raised concerns over potential anticompetitive practices by FanDuel and DraftKings (DKNG, Financials), urging the Department of Justice and the Federal Trade Commission to...
FanDuel and DraftKings Face Antitrust Scrutiny Amid Allegations …
Dec 10, 2024 · Critics argue that FanDuel and DraftKings, who together command a majority market share in both DFS and legalized sports betting, are using their dominance to undercut competitors.
NFL football outcomes clip earnings expectations at FanDuel and DraftKings
15 hours ago · Flutter Entertainment (NYSE:FLUT) fell 2.3% in premarket trading on Wednesday, while DraftKings (NASDAQ:DKNG) was down 1.7%. Both stocks have traded weak over the last six weeks after it became ...
FanDuel: Investors Gamble Flutter Entertainment Will Outduel DraftKings …
Nov 1, 2024 · Flutter Entertainment (FLUT), the parent company behind sports betting and gambling platforms FanDuel, Paddy Power and others, is concentrating its focus on the U.S. as it looks to further...
U.S. Senators Want DraftKings, FanDuel Investigated for 'Possible ...
Dec 6, 2024 · Two senators have launched a bipartisan effort aimed at getting federal authorities to look into allegations that two of the largest online sports betting companies in the U.S. are trying to pull...
DraftKings Closing Gap on FanDuel in U.S. Sports Betting Market …
Sep 22, 2023 · According to a Flutter Entertainment earnings report for the first half of 2023, FanDuel boasted a 47% market share in the bustling U.S. market. It became the first U.S. sportsbook to post a...
How DraftKings, FanDuel, Legal Sports Betting Changed the U.S.
Nov 17, 2024 · The biggest among these are DraftKings and FanDuel, two companies that started out running Daily Fantasy Sports competitions, but moved quickly into sports betting post-PASPA to capture more...
Two US senators seek antitrust probe of DraftKings, FanDuel
Dec 6, 2024 · Two U.S senators have asked the Federal Trade Commission and Justice Department to investigate online betting platforms DraftKings and FanDuel over concerns they are coordinating against...
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