FanDuel Refunds DFS Net Losses After NFL Sunday Outage
The disruption before Week 1 lineup lock left some players unable to access contests or replace inactive selections.
The disruption before Week 1 lineup lock left some players unable to access contests or replace inactive selections.
The company said it had to choose between fantasy contests and a CFTC-regulated prediction-market business, then sued five states over efforts to stop its contracts.
Another report put total consideration at up to about $1.3 billion, including the upfront value and an earn-out.
Charles Breyer said the plaintiffs likely have standing and that an injunction could be next.
The affiliate is adding a U.S. market lead and a second specialist as it builds out coverage in sports betting, DFS and prediction markets.
Betr, PrizePicks, and Underdog Sports each received a cease and desist letter from the Florida Gaming Control Commission (FGCC) earlier this month.
The CLC wants its next partner operator to launch DFS within a year of offering sports betting. But it will have to pick from a short list of sports-only operators.
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