Deals
DraftKings CEO Leaves the Door Open for a Possible FanDuel Merger
The two daily fantasy sports companies have been in talks over the last year and a half, but no deal is imminent, said Jason Robins.
DraftKings CEO on Possible FanDuel Deal: Never Say Never
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Jason Robins, the chief executive officer of DraftKings Inc., said his company has held merger talks periodically over the last 18 months with FanDuel Inc., its biggest competitor in daily fantasy sports.
While he said no deal is imminent, Robins laid out the benefits of a potential merger during an onstage interview at a technology conference in San Francisco. He said having a bigger pool of players, who assemble fantasy sports teams each week to compete for prizes, would be helpful. “Where that actually leads—and when—we’ll see,” Robins said at TechCrunch Disrupt. “When the time is right, there’s potential.”