In a landmark legal move, major fantasy sports operators PrizePicks, Underdog Fantasy, and Yahoo Fantasy Sports are facing a class action lawsuit in Massachusetts over allegations of illegal gambling. The lawsuit claims that these companies improperly offered pick’em bets and prop-style DFS, pushing the boundaries of fantasy sports regulation. Massachusetts Class Action Filed Against PrizePicks, […]
Arkansas’s actions against Underdog Sports Holding and SidePrize LLC underscore a broader commitment to enforcing gambling laws and protecting consumers. By delineating the boundaries between legal fantasy sports and unlicensed sports betting, the state aims to foster a transparent and responsible gaming environment. As the situation unfolds, the industry and consumers alike will be watching […]
This settlement not only marks a turning point for PrizePicks but also serves as a cautionary tale for the DFS industry at large, highlighting the importance of adhering to state gambling laws and regulations. As PrizePicks moves forward with its plans to operate legally in New York, its efforts to modernize DFS laws could pave […]