Sports betting

DraftKings Settles Connecticut Bonus Dispute, Agrees to Return $3 Million

DraftKings, the popular Boston-based sports betting operator, has settled with the Connecticut Department of Consumer Protection (DCP) following an investigation into the company's promotional practices. The se...

Flutter Completes FanDuel Takeover, Extends Boyd Partnership to 2038

Flutter Entertainment has officially reached an agreement to purchase Boyd Gaming Corporation’s remaining 5% ownership in FanDuel, cementing full control over the U.S.’s leading sports betting and iGaming platf...

Missouri Nears Sports Betting Launch as FanDuel, DraftKings Seek Prime Licenses

As Missouri moves toward its long-anticipated sports betting debut on December 1, 2025, major developments are unfolding in the race to secure licenses. Among the most coveted opportunities are the two untether...

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...

Malik Beasley Under Federal Scrutiny for Alleged NBA Gambling Ties

Malik Beasley, a prominent NBA sharpshooter who most recently suited up for the Detroit Pistons, is currently under federal investigation over alleged gambling activity tied to NBA games and player-specific pro...

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...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...

DraftKings Forms Political Action Committee to Bolster Policy Influence

DraftKings has taken a significant step into electoral politics with the formation of its own corporate political action committee (PAC). The move, confirmed through filings with the Federal Election Commission...