CBS Sports announced their entry into the Daily Fantasy Sports arena and could prove to be yet another competitor to the likes of DraftKings and FanDuel.
The powerful media company, flush with cash, can afford to offer something most others can not: rake-free contests.
Reportedly, CBS Sports through its Sportsline Fantasy site, plans to do so up until the start of NFL season.
CBS’ DFS Director Grant Griffin tweeted this week that they were not planning on featuring rake any time soon.
Meanwhile, Fox Sports, appearing at this week’s first ever Daily Fantasy Sports Expo in Miami Beach, remained mum on whether they would be entering the DFS industry, though this is highly expected.
– Aaron Goldstein, Gambling911.com