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As of May 2023, while 33 US states have operational legalized sports betting, [50] 45 states have legalized daily fantasy sports. [51] As of May 2023, DraftKings [52] and FanDuel [53] operate daily fantasy contests in 44 states each. [51] Only one state, Montana, has officially banned online fantasy sports. [54] [a]
DraftKings Inc. is an American gambling company based in Boston, Massachusetts.It offers sportsbook and daily fantasy sports (DFS) services.. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel.
In the United States, the daily fantasy sports industry was dominated by two competing services: the New York-based FanDuel, and the Boston-based DraftKings. Both companies were established as venture capital -backed startup companies , received funding from investment firms, sports broadcasters, leagues, and team owners, and became known for ...
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino services. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service.
DraftKings, now the other major daily fantasy firm, was founded in 2012. [21] In April 2013, MLB invested an undisclosed amount in DraftKings, making it the first professional sports organization in the United States to invest in daily fantasy sports. [22]
In 2015, DraftKings co-founder Matt Kalish stated that golf was the fastest-growing sport on the site aside from football, basketball, and baseball. [6] According to the Fantasy Sports & Gaming Association, as of 2023, around 9% of fantasy sports players in the United States and Canada play fantasy golf. [7]
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