Difference between revisions of "Daily Fantasy Sports"
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== Background of Major Companies == | == Background of Major Companies == | ||
Two companies currently capture 95% of the US daily fantasy sports market: [https://en.wikipedia.org/wiki/DraftKings Draft Kings] and [https://en.wikipedia.org/wiki/FanDuel Fan Duel] [<ref> Advertising Age Publication: http://adage.com/article/media/draftkings-fanduel-spe/300658/</ref>]. | Two companies currently capture 95% of the US daily fantasy sports market: [https://en.wikipedia.org/wiki/DraftKings Draft Kings] and [https://en.wikipedia.org/wiki/FanDuel Fan Duel] [<ref> Advertising Age Publication: http://adage.com/article/media/draftkings-fanduel-spe/300658/</ref>]. | ||
| − | + | === Major Companies === | |
| − | + | ==== Fan Duel ==== | |
| − | + | Fan Duel was launched by the web based prediction market Hub Dub [https://en.wikipedia.org/wiki/hubdub Hub Dub ], in July 2009. FanDuel has partnerships with the [https://en.wikipedia.org/wiki/NBA NBA] and multiple individual NFL/NBA clubs (<ref name = Partnerships> Partnerships http://www.legalsportsreport.com/dfs-sponsorship-tracker/ </ref>). FanDuel generated $1.8 billion in Revenue over 2015 (<ref name=Revenue>Revenue Report: http://dailyfantasynews.com/fanduel-collected-600-million-more-in-entry-fees-than-draftkings-in-2015 </ref>). | |
| − | + | ==== Draft Kings==== | |
| + | Draft Kings was established in January of 2012 by former Vistaprint executives Jason Robins, Paul Liberman and Matt Kalish. Draft Kings has partnerships with the [https://en.wikipedia.org/wiki/MLB MLB], NFL Players Association, [https://en.wikipedia.org/wiki/MLS MLS], [https://en.wikipedia.org/wiki/NHL NHL] , and many individual teams(<ref name = Partnerships> Partnerships http://www.legalsportsreport.com/dfs-sponsorship-tracker/ </ref>). DraftKings generated 1.6 million in revenue in 2015 (<ref name=Revenue>Revenue Report: http://dailyfantasynews.com/fanduel-collected-600-million-more-in-entry-fees-than-draftkings-in-2015 </ref>). | ||
Revision as of 02:30, 19 February 2017
Daily Fantasy Sports (DFS) is a subset falling under the broader umbrella of fantasy sports. These games follow the same model as traditional fantasy sports, in which players compete against one another in assembling teams of professional athletes in a specific league and ultimately earn points based on the statistical performance of these players in their real-world competitions. Daily Fantasy Sports differ from traditional fantasy sports in their time span. Daily Fantasy Sports competitions are much quicker, often spanning just a single day or week, as opposed to the full season [[1]]. The Daily Fantasy Sports market features two main companies, the Boston based Draft Kings and the New York based Fan Duel.
Background of Major Companies
Two companies currently capture 95% of the US daily fantasy sports market: Draft Kings and Fan Duel [[2]].
Major Companies
Fan Duel
Fan Duel was launched by the web based prediction market Hub Dub Hub Dub , in July 2009. FanDuel has partnerships with the NBA and multiple individual NFL/NBA clubs ([3]). FanDuel generated $1.8 billion in Revenue over 2015 ([4]).
Draft Kings
Draft Kings was established in January of 2012 by former Vistaprint executives Jason Robins, Paul Liberman and Matt Kalish. Draft Kings has partnerships with the MLB, NFL Players Association, MLS, NHL , and many individual teams([3]). DraftKings generated 1.6 million in revenue in 2015 ([4]).
- ↑ Wikipedia Page: https://en.wikipedia.org/wiki/Daily_fantasy_sports
- ↑ Advertising Age Publication: http://adage.com/article/media/draftkings-fanduel-spe/300658/
- ↑ 3.0 3.1 Partnerships http://www.legalsportsreport.com/dfs-sponsorship-tracker/
- ↑ 4.0 4.1 Revenue Report: http://dailyfantasynews.com/fanduel-collected-600-million-more-in-entry-fees-than-draftkings-in-2015
