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Business Wars Daily

Betting Platforms and Casinos Double Down on Online Gambling’s Future

Business Wars Daily

Wondery

News, Daily News, Business News, Business

4.6716 Ratings

🗓️ 25 August 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Today is Tuesday, August 25, and we’re looking at DraftKings vs FanDuel Sportsbook.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.3

One, three. Wondry. I'm David Brown, and this is Business Wars Daily on this Tuesday, August 25th.

1:08.2

If you're a sports fan who likes to place a bet or two on your favorite team,

1:12.0

chances are you've heard about rival sports betting websites, draft kings, and fan-dual sports book.

1:17.4

Each started out as fantasy sports sites. You could build your dream team of players and compete

1:22.3

against other fans' fantasy teams. Then two years ago, the Supreme Court struck down a law that banned sports betting in

1:29.1

most states. Both companies added sports betting to their offerings. Now, you can make bets from the

1:34.7

comfort of your home, as long as you live in one of the 22 states where it's legal. There's big money

1:40.1

in sports betting. Draft Kings took in more than $300 million last year. They went public in

1:45.8

April. Fanduel earned more than $400 million in revenues last year. But since the early

1:52.4

weeks of the pandemic, both companies have run up against a big problem. Finding sports

1:57.8

to bet on. Many professional sports leagues have been canceling seasons,

...

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