Fantasy Sports

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...

Underdog Fantasy Returns to New York with Draft-Style DFS Games

Underdog Fantasy has made a notable comeback in New York’s daily fantasy sports (DFS) market, relaunching its draft-style contests just two months after withdrawing amid regulatory disputes. The operator’s retu...

Missouri Confirms Sports Betting Start Date: Launch Set for December 1

Missourians eager to place legal sports bets will have to wait until December 1, 2025, as the Missouri Gaming Commission (MGC) confirmed the state will not meet any earlier launch timeline. Initially hoped to k...

PrizePicks Teams Up with San Diego Padres in First California Partnership

In an exciting development for both sports fans and fantasy enthusiasts, PrizePicks has officially partnered with the San Diego Padres, marking its first team partnership in the state of California. The deal so...

PrizePicks Expands Braves Partnership with New Three-Year Agreement

PrizePicks, the leading daily fantasy sports (DFS) operator in North America, has extended its longstanding relationship with Major League Baseball’s Atlanta Braves through a newly signed three-year agreement. ...

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Underdog Fantasy Ends Operations in NY Following Settlement, Expands to NJ and DE

Underdog Fantasy has decided to cease its operations in New York following a significant settlement agreement with the New York State Gaming Commission (NYSGC), marking a pivotal shift in its market presence. I...

Underdog Secures Multi-Year Extension for Gil’s Arena, Targeting ESPN’s First Take Viewership

Underdog, a rapidly expanding force in sports gaming and media, has announced a multi-year contract renewal with the entire cast of Gil’s Arena, reinforcing its commitment to the show’s continued success. This ...

DraftKings Resolves Licensing Lawsuit With NFL Players Association

DraftKings and the NFL Players Association (NFLPA) have agreed to settle a legal dispute surrounding the use of NFL player likenesses in DraftKings’ NFT-based fantasy sports platform, Reignmakers. The parties i...