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The AmericaFlorida Regulator Issues Cease-and-Desist Orders to Daily Fantasy Sports Operators

Florida Regulator Issues Cease-and-Desist Orders to Daily Fantasy Sports Operators

The Florida Gaming Control Commission has taken action against three daily fantasy sports operators, namely Underdog Sports, PrizePicks, and Betr. The regulatory body, led by Executive Director Louis Trombetta, issued cease-and-desist letters to these operators, asserting that sports betting is only legal in Florida through gaming compacts.

Cease-and-Desist Orders:
In the letters addressed to the operators, the Florida Gaming Control Commission demanded the immediate cessation of offering or accepting bets or wagers from Florida residents on the outcomes of contests of skill, such as sports betting. These orders come with a clear warning that failure to comply may result in the matter being escalated to the Attorney General’s Office of Statewide Prosecution.

Operator Response:
Lawyers representing the affected companies have indicated their willingness to collaborate with the commission. Their aim is to find a resolution that allows customers to continue participating in fantasy sports contests while ensuring compliance with the state’s regulations.

The issuance of cease-and-desist orders to daily fantasy sports operators in Florida underscores the state’s commitment to maintaining the legal framework for sports betting. As discussions and negotiations proceed, the outcome will determine how these operators adapt to the regulatory landscape while continuing to offer their services to Florida residents within the bounds of the law.

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