Florida regulator orders Betr, PrizePicks and Underdog to leave within 30 days
The Florida Gaming Control Commission sent Betr, PrizePicks and Underdog Sports letters on 31 January requiring them to leave the state within 30 days to avoid potential legal consequences. Underdog said it planned to exit by 1 March; Arkansas officials also sent cease-and-desist letters to Underdog and PrizePicks over alleged unlicensed sports betting.
The letters create potential market exits for three fantasy sports operators in Florida and two in Arkansas.