In Washington D.C., Councilman Kenyan McDuffie has introduced a significant legislative proposal aiming to transform the city's sports gambling landscape. A D.C. lawmaker has proposed a bill, set to be officially introduced on Friday, designed to revamp the existing sports gambling operation by overhauling the licensing system. This would potentially allow sports venues and teams to offer citywide, mobile sports betting, opening up the market to multiple betting apps. Currently, the market is limited, offering consumers only a single choice for online sports betting. The introduction of this bill comes amidst a backdrop of competitive tension in the online sports betting industry, with companies like FanDuel and DraftKings seeking to maintain their dominance, sometimes through aggressive tactics such as spending millions on state lobbyists to eliminate rising competitors like PrizePicks.
Sports-betting executive Michael Hermalyn countered claims that he stole trade secrets from his former employer DraftKings for his new position at Fanatics, arguing in a filing in Massachusetts federal court that the lawsuit was "character assassination." https://t.co/nuLmByM6uw https://t.co/MQlJq173is
Fanatics fires back at DraftKings' claims of corporate espionage in bitter legal battle https://t.co/Y2wlQ55ovQ
Fanatics exec files opposition to DraftKings' injunction after 'character assassination' https://t.co/siDpWehnKS
DraftKings trade-secret case is 'character assassination,' Fanatics exec says https://t.co/ZXrAocWeWM https://t.co/sMDrP6BBNH
An incredible salvo by Fanatics, filing reveals 186 DK employees applied to work at Fanatics 🤣🤣 https://t.co/AGgrplilFl
Ex DraftKings exec claims it ‘torched his reputation’ for leaving, as 186 apply to rival Fanatics in three years https://t.co/qilx2v17kF https://t.co/24EuN5CDHg
State-imposed bans on online fantasy sports betting will not eliminate these games. Instead, they will ensure that companies such as FanDuel and DraftKings enjoy a duopoly on online sports betting in the United States. https://t.co/304R73R6pK
DraftKings trade-secret case is 'character assassination,' Fanatics exec says @blakebrittain https://t.co/nuLmByMEk4 https://t.co/1wDribYV3F
Many stories are coming out of the Draft Network saga, which was well-chronicled in an excellent piece of journalism (see below) from @ArifHasanNFL. The Draft Network had an incredible amount of potential. When we launched our Mock Draft Simulator at @PFN365 in 2020, our goal,… https://t.co/3kMwKHjoeP
In light of the recent article that has come out about The Draft Network, I wanted to share my own experience. I hope you will take the time to read this, even though it’s a small novel: https://t.co/Nza7zSbypO
Interesting battle here, @FanDuel and @DraftKings are trying to shut down @PrizePicks by spending millions on state lobbyists because they don’t like how fast PrizePicks is growing. Let the marketplace battle happen. https://t.co/Kw194c5qIN
Online sports betting companies are using the same legal playbook that once threatened their operations to eliminate competitors. https://t.co/304R73R6pK
Lawsuits, ghosting, and a porn house played roles in The Draft Network’s demise https://t.co/CI0GJgVxqT https://t.co/Szpn9rCpRC
A bill, which will be officially introduced Friday, could allow for multiple betting apps to accept online wagers in Washington D.C. in the near future. The proposal differs from the D.C. Lottery's proposal of having just FanDuel replace GambetDC. https://t.co/qQNwUoewxJ
DC Councilman Kenyan McDuffie has filed a bill that would allow for an open, competitive market in the nation's capital, where consumers currently have only a single choice for online sports betting. https://t.co/jEZcsGQIAz
A D.C. lawmaker wants to boost the city’s lackluster sports gambling operation through a bill that would overhaul the licensing system and create pathways for sports venues and teams to offer citywide, mobile sports betting. https://t.co/HbMROe6a6v
The Rise and Fall of The Draft Network - by Arif Hasan https://t.co/tH0P28eEuX
Amid the FanDuel-Intralot announcement, a competitive sports betting bill has been introduced in DC. More to come at @LSPReport.