Nevada regulator accepts FanDuel licence surrender and DraftKings application withdrawal
Nevada’s Gaming Control Board said FanDuel surrendered its sportsbook registration, licences and approvals, while it approved DraftKings’ request to withdraw pending sports betting licence applications. The board said the companies intended to engage in unlawful activity related to sports event contracts and considered that conduct incompatible with participation in Nevada’s gaming industry. FanDuel’s parent, Flutter, said FanDuel Predicts is due to launch in December.
The decisions remove FanDuel and DraftKings from Nevada’s sportsbook licensing process as they pursue sports event contracts.