- Ohio KKK rally met with massive counter-protest and witty signs from local businesses Saturday 5:06 PM
- Guy who said he stole drugs from MS-13 now says viral story is fake Saturday 4:07 PM
- Financial service company left 885 million private records exposed online Saturday 3:13 PM
- Sasha Obama went to prom and Twitter is delighted with the photos Saturday 2:22 PM
- Jon Voight says Trump is the greatest president since Lincoln in Twitter videos Saturday 1:31 PM
- #DeleteFacebook gains momentum after the platform refused to remove doctored Nancy Pelosi videos Saturday 11:58 AM
- ‘Game of Thrones’ failed women—and it’s a shame on its legacy Saturday 7:40 AM
- How to use Tor, the network that lets you browse the web anonymously Saturday 7:30 AM
- How to live stream Devin Haney vs. Antonio Moran on DAZN Saturday 7:00 AM
- Trump’s transphobic policies are disgusting—but they aren’t new Saturday 6:30 AM
- How to watch the Copa del Rey Final online for free Saturday 5:45 AM
- How to watch the DFB-Pokal final for free Saturday 5:30 AM
- Curvy Wife Guy drops music video for rap song ‘Chubby Sexy’ Friday 7:33 PM
- A ‘Black Mirror’-inspired miniseries is coming to YouTube via Netflix Latin America Friday 5:56 PM
- Kanye West appears on David Letterman’s Netflix show to talk Trump, TMZ, and Drake Friday 3:27 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.