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Industry
February 16, 2024
DFS Operators in Florida Receive Cease-and-Desist Letters
Three daily fantasy sports (DFS) operators in Florida recently received cease-and-desist letters, a newly released report suggests. The letters, Saturday Down South confirmed, were sent by the Florida Gaming Control Commission (FGCC) and received by PrizePicks, Betr and Underdog Fantasy, three operators that currently offer such activities to customers in the state. Florida’s gambling regulator […]
Sports
February 16, 2024
Daily Fantasy Sports Bill Gains Traction in Florida
Daily fantasy sports (DFS) is an engaging activity that is available in many US states. Offering entertainment similar to sports betting, the activity has been gaining popularity over the last few years, attracting a wide range of audiences. One state that is currently trying to establish effective regulation for daily fantasy sports games is Florida. […]
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 […]
