New Jersey


DraftKings Refutes Report NJ Sports Betting Whale Had Proxy Deal

DraftKings pushed back Friday on a report suggesting one of its VIP customers enjoyed a side deal to let him bet from outside New Jersey. A spokesperson for DraftKings told LSR that sportsbook director Johnny Avello did not have an arrangement with a customer claiming the company locked his account with a potentially winning $3 […] Read More
Posted on: November 6, 2020 | Daily Fantasy Sports Regulation Sports Betting | Adam Candee

5Dimes Says Regulators Key To Next Steps After Fed Deal On Criminal Investigation

5Dimes is on the hunt for a regulated CEO as the former offshore book continues its transition to the regulated market. The company last week announced a $46 million settlement with the US Department of Justice that clears the 5Dimes assets of legal restrictions. The settlement wrapped a years-long federal investigation of 5Dimes including illegal […] Read More
Posted on: October 6, 2020 | Regulation Sports Betting | Brad Allen
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