Earlier in November it was announced that top daily fantasy sports operators, FanDuel and DraftKings, would become one with a merger of the two companies. As the planned merger will soon come to fruition, both operators continue to do well, bringing in over $2 million in revenues each week based on contests involving Sunday NFL options.
For the contests from NFL Sunday Week 11, information available to the public shows that the guaranteed prize pools as well as non-guaranteed contests brought in over $2 million for both FanDuel and DraftKings, as reported by Legal Sports Report. For FanDuel, just over $14 million was paid in entry fees while just over $11 million was awarded in prizes. Revenues came in at $2.4 million. For DraftKings, entry fees came in at just over $18 million with just over $16 million paid in prizes. Revenues were at $2.1 million.
These figures represent the majority of contests enjoyed by members of the DFS sites from Sunday but are without the totals from NHL, NBA and other sports contests. This shows just how popular DFS contests are within the NFL alone. Both FanDuel and DraftKings are the top operators in DFS by a large margin. The next company in line is Yahoo who saw only six figures when it comes to entry fees and prizes. Revenues came in at just over $32,000.
Once the two companies join forces, there will be no current competition stopping them. Figures should only double and the newly merged company will be a force to be reckoned with as they possibly bring in over $36 million each week thanks to NFL contests alone.