Legal shockwaves are hitting California’s massive fantasy sports sector will regulation rewrite the game for DraftKings, FanDuel, and Underdog?
California Attorney General Rob Bonta’s opinion that daily fantasy sports contests, including pick ’em and draft-style, constitute illegal sports betting is shaking the industry to its core. For over a decade, DFS giants have operated in the Golden State, but now, their future hangs in the balance. While the Governor’s office distances itself from the opinion and DFS operators insist on the skill-based nature of their offerings, tribal gaming leaders are demanding enforcement and accountability after years of unchecked activity.
This pivotal legal stance is set to intensify regulatory pressure and ignite new battles between operators, state officials, tribal gaming groups, and player communities. As California accounts for 10% of Underdog Fantasy’s annual revenue and sets a tone for the rest of the US, every stakeholder is watching what comes next.