CHICAGO – Yet another sports betting site has decided to expand into the prediction market space, as Betr, co-owned by Jake Paul and Joey Levy, bought out the rights to a firm registered with the National Futures Association (NFA). After acquiring introducing broker ACM Futures, … Read more
PrizePicks, Underdog, and Betr will no longer accept Florida players after Thursday. The daily fantasy sports operators are ceasing Florida operations per the request of the Florida Gaming Control Commission. Ongoing fantasy sports legislature and clarification of fantasy sports law in Florida could result in … Read more
Three daily fantasy sports operators received cease-and-desist letters in Florida. The companies are accused of offering illegal bets and promoting an illegal lottery. Florida is cracking down on season-long fantasy contests in addition to the controversial prop-betting offered by the daily fantasy operators. TALLAHASSEE, Fla. … Read more
PointsBet is the seventh biggest sports betting company in the U.S. and will now be selling its North American division. Heading into 2023, the operator posted some impressive numbers with over a billion dollar handle for the first half of the fiscal year. Prospective buyers … Read more
PointsBet has withdrawn their application for an untethered online sports betting license in Massachusetts. The surprise withdrawal increases the number of available untethered Massachusetts sports betting licenses to two. BOSTON – Online sports betting in Massachusetts launched just three weeks ago on March 10. Nine … Read more
After a seven-month wait following the signing of a bill regulating sports betting, Massachusetts is ready to open online markets to many hungry bettors. Seven of the most well-known and renowned sportsbook app operators have already been granted licenses and are ready to launch on … Read more
Jake Paul and Joey Levy have co-founded a new company that will launch a micro-betting-focused sports betting app for US residents. The company has already raised $50 million, teamed up with Simplbet, and has the backing of athletes such as Desean Jackson and Ezekiel Elliot. … Read more