Tag Archives: DraftKings

DraftKings appoints Ezra Kucharz to new role of Chief Business Officer

Expanding its commercial arm, US daily fantasy sports operator DraftKings has confirmed the appointment of Ezra Kucharz to the newly created position of Chief Business Officer (CBO). Kucharz will take leadership of all DraftKings commercial disciplines; overseeing business development initiatives and strategy, commercial planning and advertising sales. A tech commercial development veteran, Kucharz joins DraftKings’ executive team having previously led …

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DraftKings expands Fantasy Football to Ireland and Austria

DraftKings - Copyright: enterline / 123RF Stock Photo

DraftKings, the world’s largest Daily Fantasy Sports (DFS) platform, has announced plans to expand into Ireland and Austria. The Boston-based provider will offer several football leagues to Irish and Austrian players, including the English Premier League, UEFA Champions League and Spanish La Liga, as well as golf (PGA and European Tour), mixed martial arts, Esports, Canadian Football League, EuroLeague Basketball …

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US ambitions sees FanDuel shut down UK operations

Unfortunately, we will not be offering contests this season. We hope to be back in the future. Details: https://t.co/SrjbnizgPA. — FanDuel (@FanDuelUK) July 28, 2017 Daily fantasy sports operator FanDuel has shut down its UK-facing operations in order to focus its commercial growth in its home US market. Over the weekend FanDuel.co.uk sent emails communications to affected players informing them …

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No Go! FanDuel & DraftKings pull out of merger

The governances of leading US daily fantasy sports operators’ FanDuel and DraftKings have issued statements confirming that their planned merger has been called off. The prospects of creating an ‘outright DFS market leader’ had hit a roadblock last June when the US Federal Trade Commission (FTC) detailed that it could not recommend the FanDuel-DraftKings merger as the combination would control …

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FanDuel evaluating ‘all options’ on DraftKings merger

US Tech news sources are reporting that FanDuel governance is ‘evaluating its position’ with regards to its planned merger with main DFS market rival DraftKings. Last June the US Federal Trade Commission (FTC) blocked the combination of FanDuel-DraftKings on the grounds that a merged enterprise would control ‘+90% of the US fantasy sports market’, creating unfair business conditions for consumers, …

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DraftKings nets Official Fantasy Partner status of EuroLeague Basketball

Euroleague Basketball announced a new partnership this week which saw DraftKings become the Official Fantasy Partner for the Turkish Airlines EuroLeague. DraftKings will bring its expertise on board in order to help the EuroLeague Fantasy Challenge undergo a makeover and offer fans several new fantasy games and opportunities in both the EuroLeague and 7DAYS EuroCup. DraftKings is of course well versed as a …

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US FTC moves to block FanDuel-DraftKings merger

The US Federal Trade Commission (FTC) has dealt a severe blow for the planned merger of leading daily fantasy sports operators FanDuel and DraftKings, filing an official lawsuit against the formation of a new company. Last week, US Tech news sources reported that FTC officials may have concerns on the combination of FanDuel-DraftKings, which would see one player takeover a …

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FanDuel-DraftKings +80% market take-up concerns US FTC

US Tech news sources have reported that the planned merger of FanDuel and DraftKings maybe be denied by the US Federal Trade Commission (FTC), on grounds that the combination would form an outright leader with more than 80% of the daily fantasy sports market. FTC officials are reported to have shown concern that the FanDuel-DraftKings combination would lead to a …

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Paddy Power Betfair gains US DFS presence with $48 million acquisition of DRAFT mobile

In a move to expand its corporate footprint within the US market, FTSE100 betting firm Paddy Power Betfair (PPB) has confirmed that it has agreed to acquire US mobile-focused fantasy sports operator DRAFT for a deal valued at $48 million (£37 million). Entering the US DFS market, PPB will initially pay $19 million for all DRAFT related assets and resources, …

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Willkommen DFS…DraftKings launches in Germany

Continuing its planned European market expansion, US daily fantasy sports (DFS) operator DraftKings has launched its services in Germany. The DFS operator enters the German sports market, through its recently secured Malta Gaming Authority (MGA) ‘Controlled Skill Games Licence’ which was granted to DraftKings operations this March. Having officially launched its DFS services within the UK betting market in H1 …

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