Will the FTC launch a formal investigation into DraftKings and FanDuel by June 30, 2025?
Yes • 50%
No • 50%
Official FTC announcements or press releases
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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Other • 25%
No action taken • 25%
Fines imposed • 25%
Operational changes required • 25%
Yes • 50%
No • 50%
DraftKings • 25%
Both equally • 25%
FanDuel • 25%
Neither • 25%
Severe Misconduct Found • 25%
Significant Misconduct Found • 25%
Minor Misconduct Found • 25%
No Misconduct Found • 25%
Yes • 50%
No • 50%
Both lose market share • 25%
Neither loses market share • 25%
FanDuel loses market share • 25%
DraftKings loses market share • 25%
No • 50%
Yes • 50%
Increased competition • 25%
Other impact • 25%
No significant change • 25%
Decreased competition • 25%
Formal investigation launched • 25%
Other outcome • 25%
No action taken • 25%
Settlement reached • 25%