A Massachusetts man is suing Yahoo Fantasy Sports, PrizePicks, and Underdog Fantasy, claiming they illegally offered sports betting under the guise of fantasy sports.

The lawsuit, filed last week in Massachusetts Superior Court, seeks to recover all money wagered on prop-style bets offered by the companies. These bets, which allow users to predict player performance, are now considered illegal in the state for companies not specifically licensed for sports betting. The plaintiff argues that while these companies were authorized to operate fantasy sports platforms in Massachusetts, they were not licensed for traditional sports gambling. He highlights that FanDuel and DraftKings, which offer both fantasy sports and sports betting, are properly registered with the state for both activities.

The lawsuit could have significant financial implications, potentially recovering millions of dollars for those who placed bets with these companies.

From MSN.com:

Other bettors are allowed to join Curran within three months per a state law, and after that, the suit says any remaining money recovered will go to charity.

According to the lawsuit, the three companies made over $10 million monthly from these kinds of bets, and while PrizePicks and Underdog stopped offering them in March, Yahoo still might be. The state sent cease and desist letters to companies including Yahoo in February, while PrizePicks and Underdog voluntarily agreed to stop providing the bets in Massachusetts.

Prop bets are wagers placed on a specific performance, such as whether one player will score a touchdown in the fourth quarter, or another might throw for 300 yards. These can be strung together in a parlay that reaps bigger earnings if all legs are correct. Prop bets are tricky in the daily fantasy space because they resemble true sports betting, even if they’re technically under the fantasy umbrella.
Read more here: https://www.msn.com/en-us/sports/oth...ts/ar-AA1swCRN