FTC Eyes DraftKings and FanDuel for Collusion

FTC Eyes DraftKings and FanDuel for Collusion

As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar...
New York Announces Nine Mobile Sportsbook Licensees

New York Announces Nine Mobile Sportsbook Licensees

The New York State Gaming Commission recommended nine mobile operators to be granted mobile sports betting licenses on Monday. Each sportsbook, once launched, will be subject to the nation’s highest tax rate on sports betting at 51%, with the licenses effective for a...