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Underdog loses Arizona fantasy license over its prediction market offering as analyst warns other operators could follow, GambleRss reports
- Underdog loses Arizona fantasy license over its prediction market offering as analyst warns other operators could follow, GambleRss reports — Arizona stripped Underdog of its daily fantasy license because of its prediction market offering, and an analyst cited in the report says the decision may not be unique to Underdog. DraftKings and FanDuel are seen as safer in Arizona because they hold both fantasy and sports wagering permits and plan not to offer sports event contracts in states where they hold sports wagering permits. (GambleRss)
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