by Zachary Kelley | Sep 25, 2023 2:55 pm | Regulatory
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...
by Zachary Kelley | Aug 16, 2023 1:09 pm | Fantasy
Michigan regulators proposed regulations to ban daily fantasy sports (DFS) contests that resemble sports betting. The regulations target DFS operators such as PrizePicks and Boom, who offer “proposition selection” on individual player performances. Underdog and other...
by Zachary Kelley | Aug 10, 2023 3:59 pm | Sports Betting
A daily fantasy sports operator Underdog Fantasy released a statement following recent scrutiny from pick’em style games. Underdog Founder and Co-CEO Jeremy Levine said that “FanDuel and DraftKings are scared of competition” and blame them for Underdog falling under...
by Sam Profeta | Mar 23, 2022 1:27 pm | Sports Betting
New York’s high court will now allow daily fantasy sports in the state. DFS has not been allowed in New York since 2016. NEW YORK – Daily fantasy sports is making a comeback to the Empire State, New York, after it was considered unconstitutional back in 2016 by...
by Jerad Paparella | Mar 3, 2022 1:21 pm | Sports Betting
FanDuel is now – by a fair margin – the top sportsbook in New York, largely as a result of their leveraging of their DFS and same-game-parlay offerings. FanDuel passed off Caesars Sportsbook, which held the largest market share shortly after launch;...