Sports betting

Smarkets CEO: Price and product will win long race in “nutty” US betting market

Jason Trost insists DraftKings/FanDuel stranglehold can be disrupted as neither product is “particularly interesting”

Smarkets CEO Jason Trost believes the US sports betting “duopoly” occupied by DraftKings and FanDuel can be broken up in the future as the market matures. The two former DFS operators have led the way in the US since states began legalising sports betting following PASPA’s repeal in 2018, enjoying a combined market share of…

DraftKings | FanDuel | Jason Trost | Pricing | Product | Smarkets | Sports betting | US | US sports betting