DraftKings faces an adjudicatory hearing over out-of-state credit card funding for MA sports betting. Kansas regulators order Underdog and other fantasy operators to leave due to illegal sports wagering. Arkansas cracks down on DFS operators, demanding Underdog and PrizePicks to cease offering unlicensed sports betting. Underdog and other fantasy sports companies will exit the Florida market temporarily after receiving demand letters from the Florida Gaming Control Commission.
LSR with breaking news that @UnderdogFantasy and multiple pick'em fantasy apps will exit Florida by March, w/ @MazzNYC. https://t.co/5YNsYEW4Kz
BREAKING: The Florida Gaming Control Commission sent letters to @PrizePicks, @UnderdogFantasy, and @Betr on Jan 31 giving them 30 days to shut down in the state. If the companies do not comply the matter will be referred to the Attorney General's Office of Statewide Prosecution
NEW: Fantasy sports companies including Underdog will pull out of the lucrative Florida market at least temporarily after @FLGamingControl sent a second demand letter to multiple companies in January @MazzNYC @sam_mcquill https://t.co/OV8kT2fGyz
. @LSPReport reporting with @sam_mcquill: Underdog, Other Fantasy Sports Companies To Pull Out Of Florida Under Regulator Pressure @FLGamingControl https://t.co/11bcdDE1pB
Arkansas is the latest state to crack down on DFS 2.0: The Department of Finance and Administration sends cease & desist letters to DFS operators. "DFA Demands Online Operators [Underdog and PrizePicks] Cease Offering Unlicensed Sports Betting. https://t.co/jcRp931H7Q
Underdog Fantasy pulled pick'em games from Kansas in November after regulators determined it was among several outfits illegally accepting wagers on player props, according to findings from an open records request. https://t.co/hRgiv3ws8K
Public records indicate Kansas regulators ordered six fantasy operators including Underdog to leave the state because of "illegal sports wagering" @sam_mcquill https://t.co/ezOQb0WU6y
DraftKings has a Valentine's Day adjudicatory hearing starting at noon over allowing prohibited out-of-state credit card funding of MA sports betting accounts. Tomorrow, BetMGM gets the IEB treatment https://t.co/sWd5NZOQxC