DraftKings exits daily fantasy sports from key European markets
DraftKings, have pulled out of four key European markets, in an email sent out to customers in Ireland, Austria, Malta, and Germany, DraftKings confirmed that as of January 22nd.
Fantasy esports betting has always been one of the most popular products available at DraftKings. As with any betting site, the deposits and winnings are held in the customer’s accounts. However, in the email, which was sent out to customers on January 18th, it was strongly recommended that “you initiate a withdrawal request from DraftKings as soon as possible”.
This is because, after January 22nd, DraftKings confirmed that they would not be able to process withdrawals and would have to remit any remaining funds to the Malta Gaming Authority. This governing body has licensed DraftKings to operate in Europe for the duration of its run.