Fanduel draftkings casino merger

broken image
broken image

I'm just going to continue doing what I'm doing. 'Given turmoil over past year, having business as usual is somewhat reassuring. After months of speculation, reports now say DraftKings and FanDuelthe two largest daily fantasy sports companiesare planning to merge.

broken image
broken image

'The main thing is that, in the near future, things are not going to change much or at all,' Sud said. Saahil Sud, a 27-year-old Bostonian widely considered the game's leading player, says he's concerned the newly formed company could substantially raise player fees, a concern the companies have tried to assuage with promises to keep fees 'competitive.' In the meantime, some of the game's top competitors say they're waiting to see how the merger impacts their livelihood. 18, 2016 /PRNewswire/ - Fantasy sports technology companies DraftKings and FanDuel today announced they have entered into a merger agreement. Robins and Eccles said the merger would allow the companies to free up resources to develop better products - like offering more varied contests, developing loyalty programs and improving their website features - though they declined to elaborate on those plans. The merge doesn't appear to bring any immediate cost savings since both are maintaining separate headquarters and separate operations for now, he said.

broken image