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PrizePicks

Allwyn Buying Majority Stake in PrizePicks Valuing DFS Firm at $2.5 Billion

Swiss lottery operator buying 62.3% of DFS giant Deal includes initial cash payment of $1.6 billion, placing enterprise value of $2.5 billion on PrizePicks That exceeds latest valuation estimate on PrizePicks PrizePicks, which says it’s the largest daily fantasy sports...

Todd Shriber September 22, 2025

All DFS  News

Amit Patel embezzlement, Jacksonville Jaguars fraud, FanDuel lawsuit, gambling addiction NFL, NFL finance scandal

Convicted Ex-Jaguars Employee Calls $22M Gambling Theft “Illegal Borrowing”

Ex-Jaguars finance manager says he “illegally borrowed” $22M for gambling. Lavish spending included Tiger Woods’ putter and private jets. Patel sues FanDuel for $250M,...

Philip Conneller August 26, 2025
PrizePicks

PrizePicks Could Be Positioning Itself for Sale, Valuation May Be $2 Billion

DFS operator’s move to PVP model could be attractive to suitors Online betting firms could kick to the tires on PrizePicks Rival Underdog Fantasy’s...

Todd Shriber August 20, 2025
Underdog

Underdog Valued at $1.23 Billion Following Latest Funding Round

Daily fantasy sports giant now valued at more than $1 billion Valuation could move higher because funding round is still open Underdog Fantasy Sports...

Todd Shriber March 26, 2025