Why Sports Are All in on Betting
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The Rise and Fall of Daily Fantasy Sports
Fandal and DraftKings control somewhere in the neighborhood of 70 to 90% of the market, depending on the month. The two daily fantasy giants have really turned sports betting on its head with their new app that allows people to bet from their phones. When sports betting was legalized, a lot of people who perhaps are less familiar with the offshore world of sports betting thought that people would want that Nevada experience. But what we found after is that, no, people don't actually want that.
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