Fantasy sports companies weigh leaving US market, at least for now
Yahoo remains active. CBS has quietly withdrawn. And lesser known daily fantasy sports companies are scaling back. As industry leaders FanDuel and DraftKings fight to protect their lucrative enterprises, other companies offering daily fantasy sports are taking different approaches to how they operate as their new industry faces increased scrutiny. “The industry is pretty fragmented on the ‘should they stay or should they go’ issue,” says Chris Grove, editor of the Las Vegas-based Legal Sports Report, which focuses on sports wagering. “A real schism has opened up.” Many companies are retrenching, but their movements haven’t significantly hurt the market, said David...
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