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Saturday 23 August 2025
Last Updated : GMT 09:40:38
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FanDuel

Amid antitrust concerns, fantasy sports sites call off merger

Themuslimchronicle, themuslimchronicleAmid antitrust concerns, fantasy sports sites call off merger268116/327
Washington - Muslimchronicle
Fantasy sports websites DraftKings and FanDuel announced Thursday they were calling off their planned merger, following opposition from US antitrust regulators. Last month, the Federal Trade Commission sued to block the deal, arguing the merger would allow a single operator to control more than 90 percent of the US market for paid daily fantasy sports contests. DraftKings chief executive JasonRead more

Okays fantasy sports bill

Themuslimchronicle, themuslimchronicleOkays fantasy sports bill188986/417
New York - Arab Today
The fantasy sports industry was on the verge of a major win after the New York State Senate early Saturday approved a bill to legalize and regulate the virtual competitions. The legislation, which had been opposed by gambling critics, now needs only to be endorsed by Governor Andrew Cuomo after winning approval Friday from the assembly. Fantasy sports advocates believeRead more

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