CHICAGO, IL - OCTOBER 16: The fantasy sports website DraftKings is shown on October 16, 2015 in ... [+] Chicago, Illinois. Although some of the smaller daily fantasy sports operators may be flouting Connecticut’s new law, Yahoo’s departure from the Connecticut fantasy sports market, in essence, was a Hobson’s choice. This is because, unlike sports gambling, fantasy sports markets are largely national. Yahoo’s exit from Connecticut marks just the latest turn of events that is making it more difficult for daily fantasy sports operators to compete against the DraftKings-FanDuel duopoly. _____________Marc Edelman (Marc@MarcEdelman.com) is a Professor of Law at Baruch College’s Zicklin School of Business and the founder of Edelman Law.

Source: Forbes July 07, 2021 15:05 UTC