DraftKings’ Railbird acquisition raises license concerns in Ohio and Michigan where regulators warn against prediction market participation. Multiple state gaming commissions have threatened that offering sports event contracts could jeopardize existing sportsbook licenses. DraftKings may limit sports predictions to non-betting states like California and Texas to protect current licenses in regulated markets. COLUMBUS, Ohio – […] The post Will DraftKings Sportsbook Lose Its Ohio, Mich...
