Fantasy Sports Industry News

Polymarket CEO: Regulated Sportsbooks 'Scam" Their Customers

"They all rip off the consumer, respectfully. You can only trade against the house."

Submitted by C Costigan on, Thu, 11/20/2025 - 11:43

California to Go After Daily Fantasy Sports Sites, Prediction Markets Next

State could also renew efforts to regulate sports betting.

Submitted by C Costigan on, Wed, 11/19/2025 - 22:16

Underdog Sports Preparing To Use Kalshi, Prediction Markets For Its Own Risk Management

The prediction market Kalshi says that Underdog will not be granted preferential trading rates or terms as the latter looks to use Kalshi for its own risk management.

Submitted by C Costigan on, Tue, 10/21/2025 - 10:31

Underdog Makes C-Suite Hires, Embarking on Next Phase of Growth

Underdog, the fastest-growing sports company in the U.S., today announced the hiring of two C-Suite executives, Rishi Garg as Chief Financial Officer (CFO) and Kimberly Pointer Corbett as Chief Marketing Officer (CMO).

Submitted by C Costigan on, Tue, 09/16/2025 - 10:45

Top Trending: Verse Gaming Offers First Parlay Prediction Platform in US

A new app from Verse Gaming allows users to bundle predictions across sports, politics, entertainment, breaking news, and more as the company pivots away from its Daily Fantasy Sports model.

Submitted by C Costigan on, Wed, 09/03/2025 - 18:26

Can't Use My Credit Card to Bet on DraftKings Effective August 25

DraftKings claims it is trying to help customers “avoid cash advance fees and higher interest rates” associated with credit card funding. But there may be more to this story, as we dig deeper.

Submitted by C Costigan on, Sun, 08/24/2025 - 12:18

Former Baylor Official Placed Nearly 3,000 Impermissible Fantasy Bets With PrizePicks, 113 Involving School

A former Baylor athletic official has received a show-cause penalty from the NCAA after he placed nearly 3,000 impermissible daily fantasy bets on professional and college games over a five-year period, including 113 that involved Baylor teams and student-athletes.

Submitted by on, Fri, 04/25/2025 - 08:24

Sweepstakes Casino Ban Measure in Florida Moves Forward

Sen. Corey Simon‘s (R-3) bill, SB 1404, which includes a ban on sweepstakes gaming in Florida in addition to increasing penalties for illegal gambling, has been approved and moved forward by the Senate Appropriations Committee on Agriculture, Environment, and General Government.

Submitted by on, Tue, 04/15/2025 - 21:24

Reports of Fliff Confiscating and Closing Accounts Now the Talk of Vegas?

Sports bettors in Vegas complain of having their accounts confiscated by Fliff.

Submitted by on, Wed, 04/02/2025 - 23:13

DFS App Underdog Fantasy Now Valued at $1.2 Billion

Underdog Fantasy, a Brooklyn-based Daily Fantasy Sports site, has raised $70 million in Series C funding at a $1.23 billion valuation from Spark Capital.

Submitted by C Costigan on, Wed, 03/26/2025 - 11:27

Many Fliff Customers Accused of Having Multiple Accounts

One Redditor writes: "I know of personally at least 5 instances and there is no recourse. Fliff customer support does not respond or waits weeks."

Submitted by on, Tue, 03/18/2025 - 20:43

University of Texas Players, Adminstrators Had Role in PrizePicks Violations

An open documents request obtained by the Austin-American Statesmen revealed the extent of the alleged violations.

Submitted by C Costigan on, Fri, 03/14/2025 - 14:20

Building a Fantasy Sports Empire | Adam Wexler Founder of Prizepicks

Adam Wexler shares his journey of building PrizePicks from an idea into a market-leading company, navigating the challenges of entrepreneurship, and scaling a business in one of the most competitive industries.

Submitted by C Costigan on, Thu, 03/13/2025 - 16:18

PrizePicks New App Complaints: 'Will Take You 20-30 Minutes to Get a Full Slip in'

PrizePicks, the number one Daily Fantasy Sports brand in terms of market share, recently updated its app ahead of 2025. Not everyone is pleased.

Submitted by on, Sun, 03/09/2025 - 11:54

Can I Really Use a Sports Betting App From California?

Contrary to what you may see on search engines, there are currently no sports betting apps available from the great state of California. There are, however, browser-based websites that can be accessed and bets placed online.

Submitted by on, Sun, 03/09/2025 - 11:20

Underdog Fantasy Complaints - February, March 2025

Underdog Fantasy is a tremendously successful daily fantasy sports and pick'em site that mimic sports betting sites like BetMania with contests that are similar to player prop parlays.

Submitted by on, Sat, 02/22/2025 - 22:42

Can I Play PrizePicks From Oklahoma? Is it Legal?

PrizePicks is legal in the great state of Oklahoma. Along with popular offshore sportsbooks like Skybook (in business since 1997), DFS sites and local bookmakers offer the only access to sports betting from the Sooner State.

Submitted by on, Thu, 02/13/2025 - 17:51

Maryland Sends Cease and Desist Letters Out to 11 Unauthorized Gambling Operators: Raising Taxes From 10 to 30 Percent

This comes as dozens of sweepstakes casino sites and daily fantasy operators have inundated the Maryland market over the past year.

Submitted by C Costigan on, Wed, 01/15/2025 - 12:46

Withdrawal Issues at PrizePicks: What Gives?

PrizePicks hasn't exactly mastered the social media advertising concept of responding to customer concerns, which appears to be the main issue here.

Submitted by on, Sat, 12/28/2024 - 12:02

PrizePicks 825,000 Downloads in the Last 30 Days

Top Trending Stories: Sweepstakes Casinos - PrizePicks - DFS - NJ Drones - Multi-Day PKOs at ACR Poker - Chiefs Finally Cover - Luigi Maglione

Submitted by on, Sun, 12/15/2024 - 17:32

PrizePicks Ribbon Cutting as Atlanta-Based DFS Firm Opens New Headquarters

"Today’s ribbon-cutting at our new headquarters marks a huge step forward in that journey. This isn’t just about expanding our space—it’s about deepening our commitment to the local community, investing in Georgia’s economy, and bringing top talent to the heart of Atlanta."

Submitted by on, Sat, 12/14/2024 - 19:32

Outage Followed By Outrage:FanDuel Issues Refunds (Update)

Top Trending Stories: FanDuel DFS Outage - UK Election Betting Scandal - WW3 Betting Market - Trump Cabinet Picks Betting Market - Pete Hegseth - Maria Ho

Submitted by on, Fri, 11/22/2024 - 11:40

No Refunds Yet for FanDuel DFS Customers as Outage Prevents Lineup Editing

This incident led to widespread frustration among users, many of whom missed out on participating in scheduled events.

Submitted by on, Thu, 11/21/2024 - 23:36

Underdog Fantasy: 'We Got Our Guy', Signs on Bill Belichick

What's more interesting here is that Underdog Fantasy and NFL darling partners FanDuel and DraftKings have engaged in a pretty nasty battle of late.

Submitted by on, Thu, 08/01/2024 - 11:31

PrizePicks for Sale?

Company says "No" after hiring bank that specializes in acquisition deals. Plus a player just scored the biggest Pai Gow Progressive in the Venetian Casino's history on a mere $5 bet.

Submitted by on, Fri, 07/26/2024 - 20:24

Could the Popular Cashout Feature at DraftKings, ESPN Bet, Others Be Gone Following Lawsuit?

Get Out Ahead, LLC made waves late Friday night when Gambling911.com broke the news that it had filed a patent infringement lawsuit against one WagerWire, LLC and tells us they intend to go after all other alleged violators, namely pretty much every regulated sportsbook in the US.

Submitted by C Costigan on, Sat, 06/22/2024 - 12:07