DraftKings saw a small rise in NFL revenues this past week while revenues for FanDuel were flat. Both managed to stay even or better while taking in less in entry fees, according to daily fantasy sports analytics provider SuperLobby.com who attributes the success to astute management of “pricing and sizing of contests.”
Changes for the coming week include a lower guarantee for FanDuel’s Sunday Million down to $1.75 million from $2million last week, and DraftKings has lowered its guarantee for its Millionaire Maker to $2.5 million while still paying $1 million to the winner and dropped the entry fee from $20 to $3.
Along with the National Council for Problem Gambling, DFS operator DraftDay has announced efforts to increase consumer protections for the daily fantasy sports industry. Along with the usual responsible gambling protections that are present in regulated online gaming markets in the US, the guidelines call for a restriction on scripting to allow the entry or manipulation of multiple lineups.