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 Jeremias Di Vico | Apr 20, 2023 5:59 pm | Sports Betting
NASCAR seems to be making a sharp turn in its approach to gambling, now partnering with PrizePicks. Earlier in the season they partnered with Powerball, showing a clear commitment to being invested in the gambling space. With NASCAR being a popular fantasy sport for...
by Carter Floyd | Jul 7, 2020 10:57 am | Revenue
PrizePicks is a popular domestic daily fantasy sports operator. The company received $850,000 in bridge funding, a form of short-term private investment aid, in response to the COVID-19 pandemic. The investors for this bridge funding believe in the long-term potential...
