The US sports betting market is renowned for its fierce competition. The FanDuel and DraftKings duopoly has claimed many victims over the past few years, including operators who gave up and others who chose to sell themselves.
DraftKings has managed to stave off a competitive threat in Caesars Sportsbook by creating an enviable moat. At a time when Fanatics and Penn Entertainment with ESPN Bet are attempting to disrupt the FanDuel/DraftKings monopoly, that status is even more crucial.
DraftKings has managed to stave off a competitive threat in Caesars Sportsbook by creating an enviable moat. At a time when Fanatics and Penn Entertainment with ESPN Bet are attempting to disrupt the FanDuel/DraftKings monopoly, that status is even more crucial.