The two daily fantasy sports sites at the center of questions over insider trading have had their slowest weekend since the start of the NFL season. DraftKings and FanDuel both saw far fewer people enter contests related to the NFL games and saw a significant drop in player entry fees, in a sign players could be scaling back due to the questions raised about the basic fairness of the games.
Players spent $42.8 million on entry fees into guaranteed contests on DraftKings and FanDuel this weekend, about $800,000 less than they spent the week before. These games make up about 70 percent of the activity on the site, according to SuperLobby, although FanDuel claims they make up a significantly lower portion of its activity. SuperLobby, an industry research firm based in the U.K., described the numbers as a “reality check” for the companies after having their biggest week ever six days into a controversy over whether a player at DraftKings used inside information to win hundreds of thousands of dollars on FanDuel.