The Pennsylvania Gaming Control Board (PGCB) has iced out DraftKings Reignmakers.
In a letter to the state’s customers, DraftKings announced that, after “consultation” with the PGCB and until “further notice,” Reignmakers will be shuttered within the confines of the Keystone State.
“The decision relates only to Reignmakers contests while you are physically located in Pennsylvania,” the letter continues. “You are permitted to enter Reignmakers contests when outside of Pennsylvania in states where the contests are offered.”
Furthermore, any lineups that have already been put into place while in Pennsylvania for this weekend’s slate of NFL games have been canceled.
— Kevin NFT (@KevinNft) October 6, 2022
A representative of the PGCB told Sports Handle via email on Friday morning: “The DraftKings Reignmakers contests, which have many of the attributes of a fantasy product, were never submitted to the Pennsylvania Gaming Control Board for review prior to being offered to the public, as required by Pennsylvania law. Upon discovering this oversight, DraftKings was notified and immediately agreed to discontinue offering the product in Pennsylvania.”
Reignmakers is one of DraftKings’ forays into the world of NFTs. In the game, contestants can purchase NFTs of current NFL players and then use those cards to build lineups for daily fantasy contests. There are tiered NFTs, with prices on the secondary market fetching well into the four digits for superstar players.
Theoretically, DraftKings users in Pennsylvania could have spent a significant amount of money to collect their NFTs, which now hold no utility outside of their resale value.