FanDuel Founder Trades Fantasy Sports For Esports

Four months after FanDuel’s attempt to merge with DraftKings collapsed, co-founder and CEO Nigel Eccles has left the daily fantasy sports (DFS) company to pursue opportunities in esports.

The company announced on Monday that Matt King, who served as chief financial officer from 2014 to 2016, has returned to FanDuel to replace Eccles as CEO and join the board of directors, effective immediately.

Eccles, 42, co-founded FanDuel in 2009, and under his leadership, the Edinburgh- and New York-based company became one of two major DFS operators, alongside DraftKings.

“Excited but a little bit sad to be leaving FanDuel today,” Eccles said in a tweet on Monday.

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