Fantasy Sports

PrizePicks Secures Historic NFA FCM Registration, Opening Door to Prediction Markets

PrizePicks has taken a major step into the regulated predictions space after receiving approval from the National Futures Association (NFA) to operate as a Futures Commission Merchant (FCM). Its subsidiary, Per...

Allwyn to Acquire Majority Stake in PrizePicks in $1.6B Deal

Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator conf...

India’s Online Gambling Ban Pushes Players Toward Offshore Sites

India’s decision to outlaw online gambling has upended a multibillion-dollar industry, sent shockwaves through the sporting world, and left millions of players seeking alternatives abroad. While the law aims to...

NCAA Permanently Bans Three College Basketball Players for Betting Scandal

The NCAA has handed down permanent bans to three Division I men’s basketball players following an investigation into sports-betting violations that compromised game integrity. The Committee on Infractions annou...

Dream11 Exits Team India Sponsorship as Gaming Ban Reshapes Sports Partnerships

With just days remaining before the Asia Cup, the Board of Control for Cricket in India (BCCI) finds itself without a title sponsor after Dream11 confirmed its withdrawal from the partnership. The decision foll...

ESPN to Acquire NFL Network in Landmark Media Rights Exchange

In a groundbreaking development set to transform how football fans consume the game, ESPN and the National Football League (NFL) have reached a transformative agreement that will see ESPN acquire NFL Network an...

ESPN BET Introduces FanCenter, Transforming the Fantasy Sports Betting Experience

ESPN BET, in collaboration with PENN Entertainment, is about to unveil a major new feature, FanCenter, set to launch this summer. Designed to enhance the betting experience for sports fans—particularly those en...

Fantasy Sports Startup Secures 7 Million Dollars to Fuel Expansion

Fantasy Life, the brainchild of renowned fantasy football analyst Matthew Berry, has successfully closed a $7 million funding round aimed at accelerating its evolution from a content brand into a dynamic techno...

California Attorney General Says Daily Fantasy Sports Are Illegal Gambling

On July 3, 2025, California Attorney General Rob Bonta released a formal 33-page legal opinion declaring that daily fantasy sports (DFS) platforms—including pick’em and draft-style contests offered by companies...

Court Rejects Underdog’s Bid to Block AG’s DFS Opinion as PrizePicks Adapts

A California court has denied Underdog Sports' request to block Attorney General Rob Bonta from issuing his long-anticipated legal opinion on the legality of daily fantasy sports (DFS) in the state. The rul...

PrizePicks Shifts California Fantasy Sports Game to Peer-to-Peer Model

In response to mounting legal uncertainty, PrizePicks has switched its daily fantasy sports (DFS) offering in California from the traditional against-the-house Pick’em format to the peer-to-peer Arena model. Th...

Attorney General’s Ruling May Redefine Fantasy Sports Legality in California

Online fantasy sports may soon be classified as illegal gambling under California law, as Attorney General Rob Bonta prepares to issue a long-awaited legal opinion that could have sweeping implications for fant...