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 as the market matures. The two former DFS operators enjoy a combined market share of almost 80% in Colorado, according to analyst estimates released in October 2020. The pair finished first and second in the EGR US…

Colorado | DraftKings | FanDuel | Jason Trost | SBK | Smarkets | Strategy