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>Yahoo sports apps I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b.
by slg 6y ago
>Yahoo sports apps
I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b. No reason that couldn't be spun off as its own company and be worth a $5b itself with the right leadership.
- spullara 6y agoI looked this up. The top 2 are DraftKings and FanDuel. They have 90% marketshare. Yahoo is tied for 3rd.
- StLCylone 6y agoSource? Just want to read about it myself.
- spullara 6y agohttps://www.businesswire.com/news/home/20210209005804/en/North-America-Fantasy-Sports-Market-Growth-Trends-COVID-19-Impact-and-Forecasts-Report-2021-2026-Featuring-DraftKings-Fan-Duel-Yahoo-Fantasy-Sports-CBS-Sports-ESPN---ResearchAndMarkets.com https://www.businesswire.com/news/home/20210209005804/en/Nor...
- slg 6y agoI am guessing you are looking at daily fantasy sports and not fantasy sports in general. DraftKings and Fanduel do not have a 90% market share on the entire fantasy sports industry. I believe Yahoo still has the largest market share when it comes to traditional fantasy sports and has done a poor job translating that into success in DFS in which they are fighting for 3rd place. That is why I threw in the caveat "with the right leadership".
- spullara 6y agoYou're thinking share of users I think rather than share of revenue. But happy to be proven wrong with some other numbers.