Challenged by the FTC, DraftKings and FanDuel call off merger

In the wake of the Federal Trade Commission’s statement last month that it would challenge the merger, fantasy sports/eSports betting services DraftKings and FanDuel have cancelled their plans to join forces.

While the DraftKings and FanDuel fantasy sports betting apps are arguably games in and of themselves, DraftKings also maintains fantasy eSports services that let players build and wager on the performance of major eSports competitors. 

The proposed merger was a big deal …

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