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DraftKings' ability to make gains in its reach over the past year has come at the expense of other online betting sites across the more than 30 states that have authorized sports betting. DraftKings has roughly 32% of the online sports betting market in America as of May 2023, up from a 27. DraftKings has also seen its growth impact the market share of other competing sports betting operators outside of FanDuel. In May, BetMGM had a market share of 9. Despite the discrepancy in market share amongst operators, there has been uniformity in pricing for U. The two competing offers for PointsBet were made in light of recent news that DraftKings and Fanatics had previously held merger negotiations in 2021, according to the New York Post. The deal, which has since been shuttered, would have valued each company at roughly $24 billion. Pages related to this topic designer bags cyber monday
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