DraftKings Exits UK Daily Fantasy Sports Market

DraftKings has pulled its DFS product from the UK market, effective October 4. [Image: Shutterstock.com]

DraftKings has announced that it is withdrawing from the United Kingdom daily sage sports actions (DFS) market, effective October 4, 2024.

In a community update, the firm didn’t present remarkable files as to why, simply pronouncing: “DraftKings has certain that it is within the genuine pursuits of the firm to terminate operations in Immense Britain.”

In a express to EGR Intel, DraftKings added that it turned into making the transfer as phase of “ongoing efforts to optimize our industry.”

contests that had yet to start were canceled and entries were refunded

All are living contest entries submitted by 4: 30am GMT on October 4 were mute eligible to play out as fashioned. Entries submitted forward of that time for contests that had yet to start were canceled and entries were refunded.

All DK Bucks, Crowns, and tickets will be converted to money and deposited into participant accounts. Customers are impressed to withdraw their funds by June 3; after that date, they’ll must e-mail DraftKings for lend a hand.

DraftKings launched within the UK in February 2016 when it turned into mute basically a sage sports actions assign. Whereas it is mute regarded as one of many dominant gamers within the DFS enviornment, it has turn out to be a market chief in sports actions making a guess for the explanation that US Supreme Court docket repealed PASPA in 2018.

This leaves DraftKings and not utilizing a DFS products within the European market. It beforehand withdrew from Austria, Germany, Ireland, and Malta in January 2022.