FanDuel, DraftKings Leave Nevada Over Predictions Markets Bets
Nevada is one of five states that have told gambling operators they are in danger of losing their licenses if they take prediction market bets.
Photographer: Gabby Jones/BloombergFlutter Entertainment Plc, parent of the FanDuel sports-betting app, has surrendered its license to operate in Nevada, according to the state’s Gaming Control Board.
DraftKings Inc., another major online betting operator, has agreed to withdraw all pending applications for sports wagering in the state, the regulator said in a statement Wednesday.