- These high school theater kids put on a totally awesome ‘Alien’ play Saturday 3:59 PM
- Behold these photos of Elon Musk, but with Elizabeth Holmes’ eyes Saturday 3:11 PM
- Barbra Streisand gets canceled over remarks about Michael Jackson’s alleged victims Saturday 2:09 PM
- Report: Florida man raped Texas teen after posing as Instagram celeb Saturday 12:14 PM
- Lori Loughlin’s daughters, Olivia and Isabella, could be banned from USC forever Saturday 11:46 AM
- ‘Starfish’ is a heartbreaking tale of BFFs, grief, and apocalyptic alien invasions Saturday 10:35 AM
- How to stream UFC Fight Night 148 for free Saturday 10:00 AM
- The kids are making scantron memes instead of studying Saturday 9:29 AM
- Every installment of Hulu’s ‘Into the Dark,’ ranked Saturday 6:00 AM
- The internet is mocking Robert Mueller’s report deadline Friday 7:53 PM
- Instagram blocks some anti-vax hashtags—but still has far to go Friday 6:20 PM
- Study: Netflix released more originals than licensed titles last year Friday 2:26 PM
- Laura Ingraham, Dinesh D’Souza slam journalist for having a job Friday 1:40 PM
- Netflix is testing a cheap-as-hell mobile-only plan Friday 1:08 PM
- Astrology app Co-Star’s bizarre push notifications are now a meme Friday 12:18 PM
Photo via Tom Newby/Flickr (CC-BY)
Both sides have remained silent on this issue thus far.
After suffering a number of setbacks in the past year—and a few victories, as well—the two biggest players in daily fantasy sports reportedly are thinking about joining forces.
Both sites once were valued at more than $1 billion, but they’ve been hit hard since January when Texas, Alabama, and Tennessee forbid the DFS sites from operating in their respective states. And though New York is close and Virginia already has legalized the two sites (with a hefty licensing fee, of course), the news surrounding the industry mostly hasn’t been good (both sites have stopped taking action on college sports and DraftKings dropped sponsorshipof major esports leagues).
Bloomberg reported that both sites’ value has dropped by more than 50 percent, which might be why DraftKings and FanDuel have been recently working toward an agreement. Forbes, though, wrote it was “incredibly unlikely that the U.S. government would allow a merger” because of antitrust law.
FanDuel declined comment Monday to the Daily Dot. DraftKings also has remained silent.
Josh Katzowitz is a staff writer at the Daily Dot specializing in YouTube and boxing. His work has appeared in the New York Times, Wall Street Journal, Washington Post, and Los Angeles Times. A longtime sports writer, he's covered the NFL for CBSSports.com and boxing for Forbes. His work has been noted twice in the Best American Sports Writing book series.