Bipartisan lawmakers call on FTC to investigate FanDuel ...
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: Investors Gamble Flutter Entertainment Will Outduel ...
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...
FanDuel and DraftKings Face Antitrust Scrutiny Amid ...
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.
Antitrust Threat Could Change Strategy for DraftKings, FanDuel
Dec 10, 2024 · During that month, DraftKings and FanDuel combined accounted for nearly seven out of every 10 dollars bet on sports. DraftKings and FanDuel also accounted for the same portion of dollars that licensed Michigan online sportsbooks held onto in October 2024. The same dominance does not translate to regulated online casino play in Michigan, though.
FanDuel vs. DraftKings: Who has the best sportsbook?
2 days ago · FanDuel and DraftKings are far and away the two most popular online sports betting sites in the US. FanDuel owns the largest market share nationwide; DraftKings is the market leader in a handful ...
DraftKings Closing Gap on FanDuel in U.S. Sports Betting ...
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...
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...