In a joint statement, US daily fantasy operators DraftKings and FanDuel made clear their plans to pursue the merger announced late last year despite yesterdayâ€™s news that the US Federal Trade Commission will attempt to block the move.
Jason Robins and Nigel Eccles, the respective CEOs of DraftKings and FanDuel, said in the statement: “We are disappointed by this decision and continue to believe that a merger is in the best interests of our players, our companies, our employees and the fantasy sports industry.
"We are considering all our options at this time. As we work together to determine our next steps, we would like to thank DraftKings and FanDuel players, partners and employees for their patience, support and continued loyalty.”
On Monday, the FTC announced its plans to file a complaint in federal district court seeking to prevent the merger because the combined company would control more than 90 per cent of the US market for DFS contests.