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Arizona gaming department seeks to revoke Underdog’s fantasy sports licence

Enforcement & compliance

Arizona’s Department of Gaming issued Underdog a notice of violation and intent to revoke its fantasy sports licence on 5 December over its technology partnership with Crypto.com, senior policy adviser Chris Kotterman said. The department alleges the partnership supports an illegal prediction-market product; Underdog general counsel Nicholas Green said the company would challenge the action.

The notice puts Underdog’s Arizona fantasy sports licence at risk over its prediction-markets partnership.

Earlier fines and penalties by ADG

DateCompanyAmountStoryAppeal status
Rebet, NovigNot statedArizona Department of Gaming orders seven gambling operators to cease activityNot stated
Crypto.com, KalshiNot statedArizona Department of Gaming orders three prediction markets to cease operationsNot stated
Modo.us, BITMODONot statedArizona Department of Gaming orders unlicensed operators to stop serving residentsNot stated

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Enforcement & compliance

Arizona Department of Gaming orders unlicensed operators to stop serving residents

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