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Business
December 10, 2024
Underdog’s Peer-to-Peer Shift Enabled Business Growth
Underdog Fantasy, a leading daily fantasy sports (DFS) operator, has deviated from its original operating model in several states in an attempt to expand its business while remaining compliant with local regulations. As a result, it now operates player-versus-house DFS in half of its US markets and peer-to-peer in the rest. The Company Went Peer-to-Peer […]
Business
October 4, 2024
DraftKings Shuts UK DFS Platform Down, Ends Business in Europe
DraftKings has decided to put an end to its daily fantasy sports (DFS) operations in the United Kingdom amid ongoing efforts to streamline and optimize the company’s business. Effective immediately, the decision will prevent players from participating in new contests. DraftKings’ Business in Europe Is No More DraftKings has operated daily fantasy sports in the […]
Sports
September 18, 2024
Fantasy Life Taps NFL Tennessee Titans’ Player Tied to Gambling Controversy
Fantasy Life, a daily fantasy sports insight aggregator, has tapped Nicholas Petit-Frere, an active National Football League (NFL) player for the Tennessee Titans as the company’s new Fantasy Football specialist. NFL Player Signs as DFS Expert for Fantasy Sports Company The appointment is somewhat strange and could serve as the basis of a new controversy […]
Industry
July 3, 2024
Google to Expand Ad Policy for DFS and Lottery Couriers in the US
Beginning July 15, 2024, Google will permit advertising of daily fantasy sports (DFS) and lottery courier services in many states across the United States according to an update made by the company to its Gambling and Games policy. Lottery Courier Services Get Green Light to Advertise in 34 States Under the new rules, DFS operators […]
Business
April 5, 2024
PrizePicks to Open New HQ in Atlanta & Create 1,000 Jobs
PrizePicks, one of North America’s daily fantasy sports leaders, has announced its plans to expand its presence in Atlanta and create hundreds of new jobs. According to the company, the economic impact of the new venture is expected to reach $25 million over the next seven years. The DFS specialist added that its new 33,000-square-foot […]
Industry
March 5, 2024
WagerWire Urges California AG to Maintain Current DFS Status
Similar to sports betting, daily fantasy sports (DFS) is spreading across the United States. Unlike wagering on spots, many states are yet to establish regulations for DFS activities and unless a law prohibits them, fantasy sports is available in different states. California is among a dozen states that currently do not offer any legal form […]
Sports
February 29, 2024
Underdog Fantasy Trims Offering in Multiple US States
There’s a range of daily fantasy sports (DFS) operators that are offering their services across the United States. But while some states permit the activity, in others, a regulatory framework is missing, which otherwise means that those companies operate in a grey area. With more states anticipating legislation and regulation of DFS, some companies are […]
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 […]
