FanDuel, DraftKings and Fantasy Draft first to market under formal license
US newspaper, Greensburg Daily News, reported the award of three daily fantasy sports licenses from the Indiana Gaming Commission (IGC), late last week.
The trio who received unanimous approvals from the IGC, FanDuel, DraftKings and FantasyDraft, have had their temporary agreements approved to formal licenses.
Daily Fantasy Sports companies operating under temporary agreements were required to apply to the IGC for formal licensing, however, only three of the sixteen operators reportedly chose to do so.
The thirteen operators still under temporary agreements were required to exit the market by July 1, 2017.
“Every party had plenty of notice that they should cease operations in Indiana as of July 1,” said executive director of the Indiana Gaming Commissioner, Sara Tait.
A fourth operator, trading as CDM, has reportedly also applied for formal licensing.
Online Casino News Courtesy of Infopowa
