DraftKings and FanDuel Prepare to Cash In on the Supreme Court’s Ruling on Sports Gambling

They're hoping to launch betting platforms by the NFL season

DraftKings has been building its sports betting platform since 2017. Getty Images, Draft Kings

Fantasy sports brands are about to cash in big on the Supreme Court’s landmark ruling that has declared a federal law against sports betting unconstitutional. New Jersey today won a challenge against the 1992 Professional and Amateur Sports Protection Act (PAPSA) which previously restricted sports wagering outside Nevada and three other states.

@AlissaFleck Alissa Fleck is a New York City-based reporter, podcast producer and contributor to Adweek.