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  • Ross

    http://about.draftkings.com/2017/06/19/statement-on-ftc-announcement-from-draftkings-ceo-jason-robins-and-fanduel-ceo-nigel-eccles/

    Draftkings has also posted a Q&A page Here

  • yisman

    good question

    https://www.benton.org/node/5352

    Gregory Sidak of Criterion Economics has concluded a study which demonstrates that the proposed merger between XM and Sirius would create a monopoly, constituting a likely violation of the antitrust laws. Sidak, a former Deputy General Counsel for the FCC, was asked by the Consumer Coalition for Competition in Satellite Radio to determine whether subscription-based satellite digital audio radio services (“SDARS”) are a relevant product market for antitrust purposes, and to assess the unilateral pricing effects of the proposed merger in the relevant product market. Sidak finds that 1) SDARS are a distinct antitrust product market; 2) The proposed merge would be anti-competitive as (i) it constitutes a monopoly under the most reasonable market definition and (ii) even under a more expansive market definition the proposed merger would increase seller concentration ratios to unacceptably high levels; 3) The majority of efficiencies identified by XM and Sirius would not benefit consumers; and 4) The conditions offered by XM and Sirius would not preserve consumer welfare.

  • tmarohl

    @madmanjayWV said...

    Looking at the financials DK is not even remotely close to being in a better spot, at least from what I infer.

    And in reference 2 a couple posts above —

    Daniel Wallach‏
    @WALLACHLEGAL
    Follow
    More
    Source: If the DraftKings/FanDuel merger was approved, original plan was to abandon the FD brand by 7/11 and migrate to DK platform

    If that doesn’t give you a nice, warm fuzzy feeling inside I don’t know what will. :(

    P.S. =

    https://twitter.com/WALLACHLEGAL/status/878302824819339264

    That would totally suck, because Draftkings platform totally sucks.

  • madmanjayWV

    Yeah, agree wholeheartedly on that !

  • depalma13

    @whodat2 said...

    How and why was Sirius and XM allowed to merge?

    There was plenty of audio entertainment competition and sirius/xm had to create an open receiver to accommodate those options.

  • yousif

    • Blogger of the Month

    @TheRyanFlaherty said...

    Speaking of casual players – they have more (and cheaper) price points and they added the Arcade games…they may not be for everyone, but it’s another choice for customers and more revenue for them.

    Rewarding casual players helps with liquidity & therefore could be a driving force in keeping rake down, so that’s an important distinction going into a situation where it’s DK vs FD again

  • yousif

    • Blogger of the Month

    @TheRyanFlaherty said...

    Saw the “which would survive” posts a few up, and was actually thinking about that last night…that question may be worth it’s own thread…but I actually think it would be DraftKings that would survive and it’s not even close.

    I don’t want to go on too long of a rant, bug some reasons…
    Just look at the MLB slates tonight. Draftkings consistently had later prize/player pools. They’ve also been the site that’s promoted the HUGE pay-days of late…which is big at attracting casual players.
    Speaking of casual players – they have more (and cheaper) price points and they added the Arcade games…they may not be for everyone, but it’s another choice for customers and more revenue for them.
    While it’s still an issue, at least DK had payed lip service to lineup sellers/sharing…again not that effective it has done some small things, like force you to put a few players in an optimizer, and anecdotely I’ve seen the lu sellers as a much bigger issue on FD.
    Not everything always works, but DK has tried new things like the Arcade and missions…the missions may suck at time, bug it’s a potential hook to new players and can be better than FD’s almost non-exaistent rewards.
    And a big one – When FD had made changes it’s almost always been in response to, or making their product more like DK’s…Not the other way around….you want to know who the leader is, who the alpha is…that may be the clearest proof.

    And while I didn’t type everything, that turned out to be quite a bit lol.
    Despite all that, it’s not meant as a love letter to DK…I think both companies have been inept and damaged themselves consistently, so because of that nothing would surprise me…but when I look at things objectively I ‘d have to say DraftKings is in the better spot.

    Another big one – DK’s Jason Robins was to be the CEO of the merged entity ….

  • yousif

    • Blogger of the Month

    @EadesScience said...

    Bravo to you Sir….Well said and my sentiments as well.

    This is why caring about casual players is important…

  • Houseman

    When you start offering contests with two games on the schedule, you will have the government on your back again pretty soon. When your heavy hitters are playing so many games that I can’t even play a 3 contestant gam
    e with a five dollar entry without seeing names like ehafner or Chipolte.

  • mambaland

    so what if one buys the other?

  • mambaland

    i disagree DK would survive i think they both would but DK is more of a swamp of people who own and operate optimizer sites etc and teams of players. FD is more of the big money poker guys buying up pots but neither is desirable

  • Houseman

    Well said.

  • neogamer

    • x2

      2013 FanDuel WFBBC Finalist

    • 2015 FanDuel NBA Playboy Mansion Finalist

    I hope both sites are here to stay, but if I had to chose one of them to survive it would be Fanduel. They have never had all the bells and whistles that DraftKings has, but their simpler approach and less flashy interface has always suited me better.

  • Houseman

    I don’t see either one surviving. They both continue to attract professional gamblers to their sites. (see my earlier post). I hope they remake the game because I enjoy playing. Like I said….when you offer baseball contests with only a 2-game MLB schedule you are just enticing gamblers with more money than brains.

  • kantiger77

    I think the industry has a year or so left…and it’s all due to the horrible advertising in 2015.

  • tmarohl

    @neogamer said...

    I hope both sites are here to stay, but if I had to chose one of them to survive it would be Fanduel. They have never had all the bells and whistles that DraftKings has, but their simpler approach and less flashy interface has always suited me better.

    I agree completely.

  • madmanjayWV

    @mambaland said...

    i disagree DK would survive i think they both would but DK is more of a swamp of people who own and operate optimizer sites etc and teams of players. FD is more of the big money poker guys buying up pots but neither is desirable

    YAHOO and fantasydraft among others welcome u

  • yousif

    • Blogger of the Month

    @madmanjayWV said...

    YAHOO and fantasydraft among others welcome u

    Many others. Catering for casual players will be more important than ever going forward

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