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DraftKings

DraftKings Appoints Jennifer Aguiar as Chief Compliance Officer

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  DraftKings has appointed Jennifer Aguiar as its Chief Compliance Officer. Previously, Aguiar served as the company’s Vice President of Compliance and Risk. As Chief Compliance Officer, Aguiar will be responsible for overseeing corporate compliance and enterprise risk management. Among other responsibilities, she will ensure DraftKings’ compliance with all U.S. and international licensing requirements related…

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Churchill Downs Secures Approval for Sports Betting in Tennessee

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  Churchill Downs has secured approval for sports betting in Tennessee. Churchill Downs drew approval from the Tennessee Lottery’s Sports Wagering Committee, joining FanDuel, BetMGM, DraftKings, and Tennessee Action 24/7. Churchill Downs’ sportsbook, BetAmerica, is rebranding as TwinSpires. BetAmerica is live in New Jersey, Pennsylvania, and Indiana. Some steps remain before Churchill Downs’ Tennessee launch,…

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Virginia Lottery Receives More Than Two Dozen Applications for Sports Betting Permits

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  The Virginia Lottery has received 25 applications for mobile sports betting permits. The names of the companies that applied are not revealed by the Lottery. Big-name companies like DraftKings, FanDuel, and Penn National Gaming, affiliated with Barstool Sports, and major casino operators have already shown interest in Virginia’s sports betting industry and may be…

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Tennessee Lottery Approves First Sports Betting Operator Licenses

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  The Sports Wagering Committee of the Tennessee Education Lottery Board of Directors has approved the sports betting licenses of Betfair Interactive, BetMGM, and Crown TN Gaming (DraftKings). The Board will consider more on October 5 and 16. “The staff at the Tennessee Lottery performed a tremendous amount of work and due diligence to prepare…

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NY Court Rules Online Fantasy-sports Betting is Unconstitutional

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  A New York appellate court has ruled that online fantasy sports betting is unconstitutional in the state. “We recognize that the legislature was sympathetic to and supportive of IFS (interactive fantasy services) participants. Nevertheless, we have rejected the legislature’s explicitly stated basis for the removal of IFS from the Penal Law definitions of gambling,”…

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