• DraftKings Is Getting Into Real Sports Betting

    9 monthes ago - By Fortune

    DraftKings is ready to showcase its sports betting offering ahead of NFL season.
    After the Supreme Court cleared the way for states to legalize sports betting, daily fantasy sports companies like FanDuel and DraftKings got to work immediately. Why? Sports gambling will account for a huge chunk of their business.
    Ironically enough, both companies have long argued that daily fantasy sports, in which users can win cash prizes in exchange for cash entry fees, is legal because it's technically a game of skill, not a game of chance.
    Annually, illegal sports betting amounts to an approximately...
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