FanDuel said that DraftKings is the largest daily fantasy sports operator in the country in filings in its case against the Federal Trade Commission.
That admission shouldn’t come as a surprise to any observers of the industry. DraftKings clearly has more users and entry fees in recent years.
Of course, we also know that DraftKings had operating losses of half a billion dollars two years ago in reaching that position. A report in the Boston Globe also intimated that DraftKings would have taken the lead, had the tie-up gotten a green light.