Underdog sues Ohio, Massachusetts, and Wisconsin as prediction market fight deepens
AI Summary
and UDM, LLC, which does business as Underdog Predict, have taken regulators in Ohio, Massachusetts, and Wisconsin to federal court, after dropping Drafts in seven states this week . The company wants judges to stop both states from applying their gambling and sports betting laws to event contracts offered through its federally regulated market. Over the weekend, @Underdog announced it will give up its daily fantasy sports licenses in seven states.
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