Market
What will be the public reaction to FTC's decision on DraftKings and FanDuel?
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Resolution / Starting Odds
Positive reaction • 25%
Negative reaction • 25%
Mixed reaction • 25%
No significant reaction • 25%
Major opinion polls or surveys
Story
Senators Lee and Welch Request FTC Probe into DraftKings ($DKNG) and FanDuel ($FLUT) for Antitrust Violations
Dec 6, 2024, 04:25 PM
U.S. Senators from both parties, including Republican Senator Mike Lee of Utah and Democrat Senator Peter Welch, have requested that the Federal Trade Commission (FTC) investigate DraftKings Inc. ($DKNG) and FanDuel ($FLUT) for potential violations of antitrust laws. The senators have expressed concerns over the companies' behavior, particularly in how they might be coordinating to stifle competition in the online gambling industry. This call for scrutiny comes as more Americans are affected by the growing influence of sports betting, with the senators aiming to protect consumers from potential monopolistic practices.
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Similar markets
No action taken • 25%
Other • 25%
Operational changes required • 25%
Fines imposed • 25%
Neutral or Indifferent • 25%
Mixed Reactions • 25%
Predominantly Negative • 25%
Predominantly Positive • 25%
Mostly negative • 25%
Mostly positive • 25%
Indifferent • 25%
Mixed • 25%
No • 50%
Yes • 50%
FanDuel loses market share • 25%
DraftKings loses market share • 25%
Neither loses market share • 25%
Both lose market share • 25%
Both equally • 25%
Neither • 25%
FanDuel • 25%
DraftKings • 25%
Mostly negative • 25%
Mixed reactions • 25%
Mostly positive • 25%
Mostly neutral • 25%
No • 50%
Yes • 50%
Challenge FTC's stance • 25%
Implement similar restrictions • 25%
Announce future plans for restrictions • 25%
No changes announced • 25%
Mixed reaction • 25%
Majority oppose the decision • 25%
Majority support the decision • 25%
Low public interest • 25%