DraftKings Continue Global Expansion With Germany Launch
Daily Fantasy Sports operator DraftKings has launched its operation in Germany. As we have reported extensively in the last 12 months, the turmoil of the DFS industry has seemingly calmed down as there is the overall understanding that both FanDuel and DraftKings will work in regulated markets and where necessary by local state laws in the U.S.
As part of their expansion plans DraftKings have already launched in the UK and with their Germany launch plan to broaden their player base and diversify their revenue stream. It is clear to all that relying only on the volatile U.S market is a recipe for uncertainty. According to Yahoo Finance DraftKings have debuted their beta version of their German site. On offer are the same portfolio of games from the U.S. market which include football, golf and four of the major sports leagues. The German DFS market is estimated to be around 4-5 million players.
As part of their efforts to present a squeaky clean image, DraftKings received a controlled skill games’ license from the Malta Gaming Authority which they plan to use for their EU expansion plans.