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DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York-based FanDuel .
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Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions.
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[54] [55] Also in June 2023, Fanatics increased the offer to $225 million to outbid DraftKings after that company made a competing bid of $195 million. The first wave of the deal closed in August 2023 in eight U.S. states and started the brand transition from PointsBet to Fanatics Sportsbook.
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PrizePicks is particularly known for its daily fantasy sports, holding a status as the largest daily fantasy sports operation in North America and the United States. [3] [4] The Chicago Tribune has written that PrizePicks is a DFS operator specifically, "rather than a sportsbook" or "a traditional sports betting site". [5]
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