U.S. Senators Push for Investigation Into FanDuel and DraftKings

Concerns over market competition in the U.S. sports betting industry have reignited as Senators Mike Lee (R-Utah) and Peter Welch (D-Vt.) request federal scrutiny of FanDuel and DraftKings. In a letter addressed to the Federal Trade Commission (FTC) and Department of Justice (DOJ), the senators allege that the two companies have engaged in coordinated practices […]

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Dec 9, 2024 - 10:05
U.S. Senators Push for Investigation Into FanDuel and DraftKings

Concerns over market competition in the U.S. sports betting industry have reignited as Senators Mike Lee (R-Utah) and Peter Welch (D-Vt.) request federal scrutiny of FanDuel and DraftKings. In a letter addressed to the Federal Trade Commission (FTC) and Department of Justice (DOJ), the senators allege that the two companies have engaged in coordinated practices […]