Daily fantasy sports are going electronic. DraftKings, one of the top companies in the daily-fantasy market, is expanding to include professional gaming. The site announced this morning that it will take wagers on the League of Legends World Championships starting October 1.
Daily fantasy sports have been growing exponentially in the last five years, largely thanks to two sites: FanDuel and DraftKings. In a Fortune report...
Both DraftKings and previously IAC-owned DraftStreet allow people to participate in daily fantasy sports competitions where they can win real cash prizes that range in value from pocket change to $1 million. The services offer fantasy competitions that primarily focus on baseball, football, basketball, and hockey.