Fantasy Sports Industry News

Fantasy Sports Industry News

Rotogrinders on the Evolution of DFS: From the Salary Cap Format to Today's Pick'em Model

"The category always had the potential for so much more," Adam Wexler, founder of PrizePicks, wrote on his LinkedIn page in response to the article.

Submitted by Aaron Goldstein on, Aug/31/2023

PrizePicks Named to Inc. 5000 Fastest-Growing Companies for Second Straight Year

The three-year growth rate of PrizePicks was 3,712 percent.

Submitted by Aaron Goldstein on, Aug/20/2023

Industry Wakeup Call as Sleeper Fantasy Sees 216K Downloads in Two Weeks?

Industry Wakeup Call as Sleeper Fantasy Sees 216K Downloads in Two Weeks?

We here at Gambling911.com can vouch for the fact that these last two weeks have been off the charts with three marquee fights going off.  But some of the numbers we are seeing when it comes to Daily Fantasy Sports downloads continue to impress.

Submitted by Aaron Goldstein on, Aug/11/2023

It's War! Underdog Fantasy Founder Tears Into DraftKings, FanDuel, Says New Sportsbook Coming

Jeremy Levy accuses both companies of working behind the scenes to undermine Underdog.

Submitted by Gilbert Horowitz on, Aug/10/2023

DraftKings Sees 10 Percent Plunge in Share Price on News of ESPN-Penn Sports Betting Deal

DraftKings Sees 10 Percent Plunge in Share Price on News of ESPN-Penn Sports Betting Deal

Mickey Mouse goes all-in on sports betting, at least as long as Disney remains the parent company of ESPN.

Submitted by Frank Doyle on, Aug/10/2023

Prime Sports to Offer Highest Limits to US Bettors, Vows Not to Boot Them

Prime Sports to Offer Highest Limits to US Bettors, Vows Not to Boot Them

Newcomer Prime Sports is the latest to join the regulated sports gambling market.  This isn't just any newcomer as many of those involved are long time friends of Gambling911.com.

Submitted by t c jackson on, Aug/09/2023

70,000 Apple App Downloads in Four Days for Betr Ahead of Jake Paul vs. Nate Diaz Fight

70,000 Apple App Downloads in Four Days for Betr Ahead of Jake Paul vs. Nate Diaz Fight

Betr Picks provides users with the ability to make “More” or “Less” fantasy entries for player lineups based on their projections and in that regard resembles other hybrid DFS platforms like PrizePicks and Underdog Fantasy. 

Submitted by Aaron Goldstein on, Aug/08/2023

Betr Introduces Real Money Fantasy Sports Vertical That Looks a Lot Like Sports Betting

And they just introduced it in a state that ordered Prizepicks and Underdog Fantasy to cease offering a near identical product.

Submitted by Gilbert Horowitz on, Aug/01/2023

Is Underdog Fantasy a Sports Betting Site? Wyoming Says 'Yes', Orders Them Out

Meanwhile PrizePicks DFS app has now overtaken both the DraftKings and FanDuel DFS products while Underdog Fantasy has conquered FanDuel and nipping at the heels of heels of DraftKings.

Submitted by C Costigan on, Aug/01/2023

Is PrizePicks Really a Sports Betting App? FanDuel Says Yes

Is PrizePicks Really a Sports Betting App?  FanDuel Says Yes

"There are companies today posing as fantasy sports operators and they are running illegal sportsbooks" - Cesar Fernandez, Head of US State Gov Relations for FanDuel Sportsbook.

Submitted by Gilbert Horowitz on, Jul/17/2023

Online Sports Betting vs. Daily Fantasy Sports: What's the Difference?

Online Sports Betting vs. Daily Fantasy Sports: What's the Difference?

A recent debate may be riveting and contain some valid points but, as one industry operator recently said, it all comes down to sites like PrizePicks being smart enough to offer a sports betting-like product that doesn't require sportsbook licensing.

Submitted by Gilbert Horowitz on, May/23/2023

Meet Fliff, the New AI Sports Prediction Game That Has One Goal: Destroy the Bookie

It bills itself as the "next generation social sportsbook", a "prediction game that never ends". 

Submitted by Jagajeet Chiba on, Apr/16/2023

PointsBet CCO Reflects on Demise of Monkey Knife Fight Platform He Helped to Build

PointsBet CCO Reflects on Demise of Monkey Knife Fight Platform He Helped to Build

"I think I'll need some time to fully unpack my feelings but one thing will never change: my undying love (yes love) for all the MKF'ers I had the great fortune to work with and all the incredible partners we collaborated with along the way."

Submitted by Gilbert Horowitz on, Mar/04/2023

Monkey Knife Fight Website Shut Down

Monkey Knife Fight Website Shut Down

Parent company Bally's slashes the popular DFS website as incoming CEO called the acquisition, made just two years ago, "a mistake".

Submitted by Aaron Goldstein on, Feb/28/2023

Luka Prop Bet Controversy: “New PrizePicks Crybabies”?

Luka Prop Bet Controversy: “New PrizePicks Crybabies”?

In recent days there's been plenty of talk within the sports betting community over a gimmick offered up by those primarily in the U.S. regulated market: Offering refunds on player props, often when a player suffers an injury.

Submitted by Gilbert Horowitz on, Jan/28/2023

Bookie Software That Offers Contests

Bookie Software That Offers Contests

Contests are a great way to differentiate yourself from other bookies, especially with the Super Bowl and March Madness right around the corner.  Using contests to market your sportsbook generates plenty of buzz and referrals.

Submitted by Mary Montgomery on, Jan/18/2023

Can I Bet Sports Using My Mobile Phone While Visiting Las Vegas?

Can I Bet Sports Using My Mobile Phone While in Vegas?

There are a number of ways to place sports bets via your mobile phone while visiting Las Vegas.  If you are already registered with a state app, that sportsbook might be licensed in Nevada as well.  Some of the biggest, however, are not.

Submitted by Mary Montgomery on, Jan/11/2023

Is PrizePicks Legal in New York?

Is PrizePicks Legal in New York?

PrizePicks is legal in New York.  It is considered a hybrid daily fantasy game similar to that of DraftKings and FanDuel.  It is NOT considered a sportsbook similar to those licensed and regulated in the state or those accessible but are operating offshore, the later of which are available to those 18 and up and allow bets on in-state schools but are browser-based (no apps).

Submitted by Tyrone Black on, Jan/10/2023

Is PrizePicks Legal in the State of Ohio?

Is PrizePicks Legal in the State of Ohio?

PrizePicks is not legal in Ohio even though sports betting is now fully regulated and offshore sportsbooks have been accessible from the Buckeye state for the better part of two decades now.

Submitted by Ean Lamb on, Jan/02/2023

FanDuel Continues to Kill It: Outshines the Competition Again

FanDuel Continues to Kill It: Outshines the Competition Again

Parlays, synergies between its Daily Fantasy Sports product and sports betting along with a partnership deal with Pat McAfee and Turner Sports has helped FanDuel drive significant revenues for the second quarter of 2022.  FanDuel reported a $22 million adjusted EBITDA for the second quarter.

Submitted by Aaron Goldstein on, Aug/12/2022

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try, or Even the Second or Third"

CEO Jason Robins: "DraftKings Inc. Didn’t Come About on the First Try"

In an incredibly candid post on LinkedIn Thursday, DraftKings CEO admitted that the company took some time to come to fruition.  Its DNA can be found at, of all places, Vistaprint.

Submitted by Alejandro Botticelli on, Aug/11/2022

Spanky: Bookmakers Increasing Limits Often More Telling Than a Major Line Move

Spanky: Bookmakers Increasing Limits Often More Telling Than a Major Line Move

Plus, it was ten years today the NFL and other leagues warned us about the ills of sports betting.  So what happened?  And, Bally's inks deal with New York Yankees.

Submitted by Aaron Goldstein on, Aug/07/2022

New York’s Top Court Rules in Favor of Fantasy Sports Bets

New York’s Top Court Rules in Favor of Fantasy Sports Bets

New York’s highest court ruled Tuesday that fantasy sports contests like those run by FanDuel and DraftKings are allowed under the state constitution, turning back a challenge to the popular games.

Submitted by Associated Press on, Mar/23/2022

Mojo is an Athlete Stock Market Backed By A-Rod

Mojo is an Athlete Stock Market Backed By A-Rod

Former Major League Baseball superstar Alex Rodriguez has joined forces with business partner Marc Lore to take advantage of the regulated sports bettings space in the US.

Submitted by Aaron Goldstein on, Mar/15/2022

Can You Bet on FanDuel in Texas?

Can You Bet on FanDuel in Texas?

You are prohibited from betting on the FanDuel app from Texas.  But have no fear, alternative sports betting sites are available to those living in or visiting the Lone Star State.

Submitted by Aaron Goldstein on, Mar/15/2022

Arizona Collects Over $1,500 in Fantasy Sports Tax in Just Four Days

Arizona Collects Over $1,500 in Fantasy Sports Tax in Just Four Days

Arizona collected just under $1,600 in tax revenue during the first four days of fantasy sports contests after they became legal in August.

Submitted by Associated Press on, Oct/26/2021

DraftKings Receives Daily Fantasy Sports License From Louisiana Gaming Control Board

DraftKings Inc. (Nasdaq: DKNG) today announced that it has received a DFS license from the Louisiana Gaming Control Board and its daily fantasy sports product will soon be live in approved parishes in Louisiana.

Submitted by Press Release on, Jul/15/2021

Sports Betting Beat: Ohio Lawmaker to Introduce Bill, Fantasy Sports Coming to LA

Sports Betting Beat: Ohio Lawmaker to Introduce Bill, Fantasy Sports Coming to LA

Sen. Kirk Schuring of Ohio is set to introduce a bill that would legalize sports wagering in the Buckeye State.  Also, Louisiana expects to have daily fantasy sports contests up and running by the fall.

Submitted by Aaron Goldstein on, May/04/2021

FanDuel Accused of in Federal Lawsuit of Delaying Real-Time in-App Scores

FanDuel Accused of in Federal Lawsuit of Delaying Real-Time in-App Scores

FanDuel is accused in a federal lawsuit by a user of their gambling app of deliberately deloaying real-time scoring data in an effort to exploit losing gamblers.

Submitted by Gilbert Horowitz on, Mar/02/2021

Bally's Acquires Monkey Knife Fight Fantasy Game Platform

Bally's Acquires Monkey Knife Fight Fantasy Game Platform

ATLANTIC CITY, N.J. (AP) — Bally’s continued its acquisition juggernaut Monday, acquiring the daily fantasy sports company Monkey Knife Fight in an all-stock transaction that further widens the fast-growing company’s drive to add casino, online sports betting and media companies.

Providence, Rhode Island-based Bally’s becomes the third U.S. sports betting company to have a daily fantasy sports component, along with DraftKings and FanDuel.

Submitted by Associated Press on, Jan/25/2021

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