Tag: DraftKings
DraftKings agrees to refund US$3 million to Connecticut consumers
14 July 2025 at 6:15am UTC-4
DraftKings has reached an agreement with the Connecticut Department of Consumer Protection to refund around 7,000 state residents a combined total of US$3 million.
The ...
Consumer protection law firms in California launch lawsuit against DFS operators
7 July 2025 at 6:21am UTC-4
A group of California consumer protection law practices has filed class action lawsuits against daily fantasy sports operators FanDuel, DraftKings, PrizePicks, and Underdog ...
Higher taxes to crimp DraftKings earnings but not Rush Street’s, Jefferies analyst says
3 July 2025 at 12:15pm UTC-4
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near future. That’s the forecast of Jefferies ...
DraftKings launches new responsible gambling tool
1 July 2025 at 7:12am UTC-4
DraftKings has debuted a new responsible gaming tool that helps users set limits and reminders for their betting.
The tool, dubbed My Budget Builder, will be available on all ...
Rhode Island expanded sports betting bill fails to pass
1 July 2025 at 6:55am UTC-4
A bill that would have expanded the sports betting market in Rhode Island has failed to materialize despite passing in the State Senate in early June.
Senate Bill 748, which ...
California Attorney General set to rule that online fantasy sports platforms are illegal
27 June 2025 at 6:49am UTC-4
California's online fantasy sports operators are preparing for a potentially shocking legal hit and several sources report that Attorney General Rob Bonta is set to announce in ...
Igaming will outperform this year, Macquarie analyst says
26 June 2025 at 2:40pm UTC-4
Igaming stocks are rising three times as fast as the S&P Index. That was one of the salient findings of Macquarie Equity Research analyst Chad Beynon in an investor note ...
Garden State tax increase can be managed, Truist analyst says
24 June 2025 at 4:35pm UTC-4
Following up on reporting in NJ.com, Truist Securities analyst Barry Jonas weighed in on the tax-increase compromise reached between New Jersey Gov. Phil Murphy and the state ...
Massachusetts introduces controversial igaming bill
24 June 2025 at 6:07am UTC-4
The Massachusetts Joint Committee on Consumer Protection and Professional Licensure met on Monday to discuss various bills, including a provision allowing state residents to play ...
DraftKings and Underdog first to apply for Missouri online betting licenses
23 June 2025 at 7:09am UTC-4
DraftKings and Underdog are the first two online operators to submit applications to operate in Missouri.
Missouri residents voted to legalize sports gambling last November ...
