Arizona Targets Underdog Over Crypto.com Partnership; Intends to Revoke Fantasy Sports License
Arizona regulators have initiated formal steps that could end Underdog’s authorization to operate daily fantasy sports contests in the state, marking a first-of-its-kind enforcement action tied to prediction markets. The Arizona Department of Gaming (ADG) notified the company on Dec. 5 that it intends to revoke Underdog’s fantasy sports contest operator license, citing the operator’s business […]
Arizona regulators have initiated formal steps that could end Underdog’s authorization to operate daily fantasy sports contests in the state, marking a first-of-its-kind enforcement action tied to prediction markets. The Arizona Department of Gaming (ADG) notified the company on Dec. 5 that it intends to revoke Underdog’s fantasy sports contest operator license, citing the operator’s business […]
