SectorWire
SearchRegister
MenuClose

Nevada board accepts withdrawals of DraftKings and FanDuel applications

Licences & markets

Nevada’s Gaming Control Board accepted Flutter’s surrender of FanDuel-related registrations, licences and approvals, and approved the withdrawal of active and pending applications for FanDuel and DraftKings. Board chairman Mike Dreitzer said the companies intended to engage in unlawful sports event contract activity; FanDuel said it was a difficult decision to surrender its licence.

The board’s action removes the companies’ active and pending Nevada applications as they pursue sports event contracts.

End-of-day close DraftKings (DKNG), USD, to 26 December 2025
Story date29 September 202526 December 2025

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Earlier licence decisions by NGCB

DateCompanyAmountStoryAppeal status
DreamscapeNot statedNevada Gaming Commission denies Dreamscape CFO John Eder a gaming licenceNot stated
Aruze Gaming Global, Empire Technological GroupNot statedNevada board recommends five-year limited licences for Aruze-linked applicantsNot stated
Wynn ResortsNot statedNevada Gaming Commission approves Wynn COO Brian Gullbrants’ licenceNot stated
Virgin Hotels Las Vegas, The VenetianNot statedNevada board recommends three Las Vegas casino executives for licencesNot stated

Request a correction

Flag an issue

Keep reading