In 2020, DraftKings completed a reverse merger to become a publicly traded company.
DraftKings had 25 percent market share in 2022, second to FanDuel with 43 percent. This market is expected to grow rapidly as more states legalize sports betting and gambling. In 2016, the two agreed to merge, but the FTC blocked the merger from happening, as the combined company would control 90 percent of the daily fantasy sports market.īoth companies have since went on to establish sportsbook services, and are first and second in this respective market. Gain insights with our free ASO audit, proven in elevating apps like B&Q, Afterpay and Gymshark. 🌟 Get StartedĭraftKings and FanDuel have been in heavy competition in the fantasy sports market for a decade. 🚀 Grow Your App! Free ASO Audit by Award-Winning Agencyĭiscover how Yodel Mobile, the App Marketing Agency of the Year, can transform your app.
