{"id":2656,"date":"2024-10-04T22:31:50","date_gmt":"2024-10-04T22:31:50","guid":{"rendered":"http:\/\/stakery.io\/?p=2656"},"modified":"2024-10-09T14:25:43","modified_gmt":"2024-10-09T14:25:43","slug":"draftkings-exits-uk-daily-fantasy-sports-market","status":"publish","type":"post","link":"http:\/\/stakery.io\/index.php\/2024\/10\/04\/draftkings-exits-uk-daily-fantasy-sports-market\/","title":{"rendered":"DraftKings Exits UK Daily Fantasy Sports Market"},"content":{"rendered":"
<\/div>\n

DraftKings has announced that it is withdrawing from the United Kingdom daily fantasy sports (DFS) market, effective October 4, 2024.<\/p>\n

In a community update<\/a>, the company did not provide much information as to why, simply saying: \u201cDraftKings has determined that it is in the best interests of the company to discontinue operations in Great Britain.\u201d<\/p>\n

In a statement to EGR Intel<\/em>, DraftKings added that it was making the move as part of \u201congoing efforts to optimize our business.\u201d<\/p>\n

\n

contests that had yet to start were canceled and entries were refunded<\/p>\n<\/blockquote>\n

All live contest entries submitted by 4:30am GMT on October 4 were still eligible to play out as normal. Entries submitted before that time for contests that had yet to start were canceled and entries were refunded.<\/p>\n

All DK Dollars, Crowns, and tickets will be converted to cash and deposited into player accounts. Customers are encouraged to withdraw their funds by June 3; after that date, they will have to e-mail DraftKings for help.<\/p>\n

DraftKings launched in the UK in February 2016 when it was still primarily a fantasy sports site. While it is still one of the dominant players in the DFS arena, it has become a market leader in sports betting since the US Supreme Court repealed PASPA in 2018.<\/p>\n

This leaves DraftKings with no DFS products in the European market. It previously withdrew from Austria, Germany, Ireland, and Malta in January 2022.<\/p>\n

The post DraftKings Exits UK Daily Fantasy Sports Market<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

DraftKings has announced that it is withdrawing from the United Kingdom daily fantasy sports (DFS) market, effective October 4, 2024. In a community update, the company did not provide much information as to why, simply saying: \u201cDraftKings has determined that it is in the best interests of the company to discontinue operations in Great Britain.\u201d…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/posts\/2656"}],"collection":[{"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/comments?post=2656"}],"version-history":[{"count":1,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/posts\/2656\/revisions"}],"predecessor-version":[{"id":2657,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/posts\/2656\/revisions\/2657"}],"wp:attachment":[{"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/media?parent=2656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/categories?post=2656"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/stakery.io\/index.php\/wp-json\/wp\/v2\/tags?post=2656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}