Nevada Regulators Block FanDuel and DraftKings from Sports Betting, Citing Concerns Over Prediction Markets

In a major regulatory move, the Nevada Gaming Control Board (NGCB) has effectively halted FanDuel and DraftKings from entering the Nevada sports betting market, following their intentions to focus on prediction markets instead. Both companies are well-known for their dominance in the U.S. online sports betting industry, but the NGCB’s latest decision signals the state’s firm […]

Nov 13, 2025 - 09:10
Nevada Regulators Block FanDuel and DraftKings from Sports Betting, Citing Concerns Over Prediction Markets

In a major regulatory move, the Nevada Gaming Control Board (NGCB) has effectively halted FanDuel and DraftKings from entering the Nevada sports betting market, following their intentions to focus on prediction markets instead. Both companies are well-known for their dominance in the U.S. online sports betting industry, but the NGCB’s latest decision signals the state’s firm […]