In case there were any doubts concerning the long-term profit potential of sports betting vs. daily fantasy sports (DFS), please put them to rest: Sports betting is king.
Proof can be found in Oregon, where DraftKings has abruptly put an end to paid DFS contests in its ongoing attempt to curry favor with the state and gain the sports betting monopoly.
Currently, the only way to place a sports bet online in Oregon is through the state lottery’s ScoreBoard app; DraftKings has been in negotiations with the state to take over the operation.
And in a note to Oregon DFS customers informing them that the ride is over, the company doesn’t hide behind any PR speak — it makes clear sports betting is taking precedence here.
