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After the IRS issued guidance that it views daily fantasy contest fees as taxable wagers, DraftKings CEO Jason Robins made clear that the company will challenge the decision.
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.
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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.
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Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions.
As the mobile sports betting industry continues growing in the U.S., FanDuel has particularly seen significant success. FanDuel forecasts full-year profitability in 2023: 'Our base is growing' [Video]
FanDuel Sports Network South is an American regional sports network owned by Main Street Sports Group (formerly Diamond Sports Group) and operated as an affiliate of FanDuel Sports Network. The network carries regional coverage of professional and collegiate sports events from across the Southern United States , along with other sporting events ...