Arizona is the first state to announce intentions to revoke the license of a sports betting operator, as Underdog has come under fire for their partnership with Crypto.com. Underdog never officially launched sports prediction markets in Arizona. PHOENIX – Arizona is set to revoke the … Read more
Missouri launched eight mobile sports betting apps on Monday. State voters approved Amendment 2 over a year ago to bring legal sports betting to Missouri. The Kansas City Royals are looking for a new sports betting partner after Underdog withdrew their license days before launch. … Read more
New York State Gaming Commission Chair Brian O’Dwyer calls out prediction markets, saying they are a “direct threat to the commission’s authority.” FanDuel and DraftKings have announced their intent to offer sports contracts in December. NEW YORK – Prediction markets are once again under the … Read more
Online sports betting sites that are regulated locally launch in Missouri in two months. Circa, DraftKings, FanDuel, and Underdog are some of the notable sportsbooks that will launch when the market launches on December 1. The launch of sports betting in Missouri will result in … Read more
PrizePicks will offer a new way to bet after receiving federal approval to enter prediction markets. ATLANTA – The daily fantasy sports operator PrizePicks was approved Monday as a futures commission merchant (FCM) by the Commodity Futures Trading Commission. In plain terms, that status allows … Read more
Underdog Sports struck a deal with Crypto.com’s derivatives affiliate to launch sports prediction markets on its platform. BROOKLYN – A partnership announced Tuesday makes sports event contracts from Crypto.com | Derivatives North America (CDNA) available inside the Underdog app. For Underdog, a company best known … Read more
New York lawmakers are weighing a bill to eliminate state-level gambling loss tax deductions following recent federal changes. Meanwhile, Missouri and New Jersey continue reshaping their legal sports betting markets with new restrictions and licensing rules. ALBANY, N.Y. – From tax reform in New York … Read more
North Carolina sports betting launches at noon on Monday, March 11. Eight sportsbooks are licensed with the North Carolina State Lottery Commission, while other internationally-licensed sportsbooks accept NC players and offer bigger bonuses. Bovada offers a 50% match up to $1,000 on your first deposit … Read more
Underdog Sports is the name that sticks out amongst the eight North Carolina sports betting operators announced on Thursday. Their North Carolina license marks the first attempt for Underdog Fantasy to also offer a regulated sportsbook. North Carolina online sports betting launches at 12 p.m. … 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
North Carolina’s proposed sports betting rules may limit Pick ‘Em style daily fantasy sports (DFS) contests. There are currently no rules or regulations for DFS in the state, but the initial sports betting rules proposed Tuesday appear to target those styles of fantasy contests. January … 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
