by Zachary Kelley | Oct 4, 2023 4:37 pm | Legal
Michigan will ban PrizePicks, Underdog, and other daily fantasy sports (DFS) operators that offer over/under props on individual player performance. The move comes one day after New York approved new DFS rules that ban the same Pick ‘Em style propositional bets. The...
by Zachary Kelley | Oct 3, 2023 5:21 pm | Fantasy
The growing daily fantasy sports (DFS) industry expects to surpass $44.87 billion by 2030. 2022 had a valued fantasy sports market size of $24.39 billion. Research cited growing popularity of sports leagues, niche sports leagues like badminton and volleyball, and fan...
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...
