In a written statement, a DraftKings spokesman said the company’s PointsBet bid is “centered around the significant synergies and financial rationale, along with the interesting product and technology capabilities we would acquire through the proposed transaction.Getty Images for Fanatics
FanDuel presently has the biggest US sports betting market share at roughly 45%, and DraftKings is second at 29%, with no one else being close, according to Eilers & Krejcik Gaming,New York has no plans to issue more licenses. If Rubin can tap into the sports betting market, he can cross-market the service to his tens of millions of customers that buy its officially licensed sports team gear.PointsBet said its intent is to ask DraftKings for a “hell or high water” merger agreement