Texas is the second most populous state in the U.S. and was for a long time dominated by DraftKings in the daily fantasy sports space. But that is no more, as FanDuel has decided to make a return to the Lone Star State.
FanDuel originally stopped providing its fantasy sports-related services in Texas after the state’s attorney general recognized it as running an illegal gambling service. That was in May 2016. Thus, DraftKings has essentially had a monopoly in Texas for over 2 years.
While FanDuel decided to take the diplomatic route in Texas, DraftKings was determined to remain in place. DraftKings sued the state’s attorney general, seeking a declaration from a court that fantasy sports operations were permissible under Texas law.
Now, FanDuel will try to make up for time lost outside of what should be one of the most important states for fantasy sports. By serving Texas alone, DraftKings was given a roughly 10% edge in terms of pure addressable market in the U.S., according to fantasy sports industry consultant Eilers & Krejcik Gaming in its 2018 Outlook published in February.
Mainline.gg is an esports tournament software company based in Houston, Texas. Mainline helps usher companies, brands, and game titles within…
Jake Reynolds was with 15 colleagues on April 9, 2019, watching the National Hockey League Draft Lottery in anticipation of…
Rudy Gobert is now an esports investor. The 2-time NBA Defensive Player of the Year invested in ReKTGlobal, the parent…
If you stumble upon Chris Chaney's LinkedIn page, you will need to click the "show more experiences" list quite a…
Earlier this year, esports analytics provider Newzoo predicted that the global esports economy will top $1 billion for the first…
It feels as though there is more talk than ever by and among professional athletes about how they can prepare…
View Comments