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Business
February 14, 2024
PrizePicks to Cease Paid Contests in New York after $15M Settlement
PrizePicks, a leading daily fantasy sports operator, has agreed to a settlement with the New York State Gaming Commission (NYSGC), consenting to halt its for-money contests in the state and pay a substantial settlement of nearly $15 million. The sum reflects the revenue generated by PrizePicks through purported interactive fantasy sports contests from 4 June […]
Business
February 1, 2024
20SHOTS Secures an Investment from Steve Rogers
Steve Rogers’ new infusion of funds in the provider of “best in class, free-to-play games” that boost customer acquisition and engagement, 20SHOTS, joins similar investments aimed at the same company announced by other big names in the industry. The list includes Gambit Research’s former chief executive officer, Jasper White, Playtech BGT Sports’ chief commercial officer, […]
Sports
January 31, 2024
Online Gambling Giants Pivot to Legal Maneuvers Against Fantasy Sports
The online gambling industry, which once fought tooth and nail for the legalization of online sports betting, is now rallying against fantasy sports leagues. Spearheaded by major players like FanDuel and DraftKings, the industry is employing legal maneuvers to render fantasy league wagering illegal, raising concerns about stifling competition and consumer choice. Wyoming Sets Precedent […]
Business
January 19, 2024
Social Betting Specialist Dabble Seeks US Expansion
Dabble, a fresh Australian social betting platform, is already eyeing expansion in the USA. This announcement follows its recent foray into the region. For reference, Dabble was founded in 2020 and offers a variety of socially-charged betting experiences to its fans. Its clients can follow other users, chat with friends and other bettors, comment on […]
Legal
December 20, 2023
Virginia AG Weighs DFS Games in Sports Wagering Decision
Daily fantasy sports (DFS) is a popular activity across the United States. Despite its popularity, the activity has seen scrutiny recently with more states strengthening their rules applicable to DFS operators and some even outright banning fantasy contests. DFS games in major sports betting markets such as New York and Michigan were banned earlier this […]
Sports
September 19, 2023
DraftKings Files Trademark Application for New DFS Game
DraftKings is currently at the helm of the sports betting sector across the United States. As a leading sports betting brand, it also offers online daily fantasy sports (DFS) in nearly two dozen states. While DraftKings has a strong presence in this vertical, it is likely to continue its expansion, considering it filed a trademark […]
Sports
August 11, 2023
Underdog Fantasy Criticizes FanDuel and DraftKings’ Dominance
Since the Professional and Amateur Sports Protection Act’s (PASPA) repeal by the Supreme Court in 2018, a statewide expansion of sports betting began. While wagering on sports was just starting at the time, daily fantasy sports (DFS) also known as fantasy sports contests, were already popular across the US. The innovative activity captured the attention […]
Legal
June 26, 2023
Vetnos Files Lawsuit against PrizePicks, Claiming Patent Infringement
Vetnos LLC is a business-to-business provider of fantasy sports technology that has a growing presence in the United States. The company provides tribal operators in states such as Oklahoma and California with daily fantasy sports (DFS) technology, powering their operations. While Vetnos holds three patents for technology that helps mitigate performance and financial risks related […]
Industry
May 5, 2023
GGL Probes Daily Fantasy Sports Games to Protect Consumers
Daily Fantasy Sports (DFS) games began to slowly increase their visibility more than a decade ago. Since then, their popularity has been expanding and many sports fans and bettors found such games engaging and entertaining. Mostly favored in the United States, DFS games are also available in different jurisdictions around the globe including Europe and […]
Business
February 16, 2023
Inside The Pocket Powers Playtech with a Rich F2P and DFS Portfolio
Inside The Pocket (ITP), the world’s biggest free-to-play and daily fantasy sports aggregator, has agreed to provide the major gaming tech supplier Playtech with its portfolio of games. Thanks to that, the aggregation company will be able to power the supplier’s operator partners with exquisite gaming experiences. Playtech’s platform already supports many regulated operators which […]
