Tag Archives: DraftKings

DraftKings faces nationwide class action over Predictions platform legality dispute intensifies

DraftKings faces nationwide class action over Predictions platform legality dispute intensifies Suswati Basu     DraftKings is facing a proposed nationwide class action accusing the company of running an illegal online sports betting business through its DraftKings Predictions platform in states where traditional online sportsbooks are still prohibited. The complaint, filed July 28 in the … Continue reading DraftKings faces nationwide class action over Predictions platform legality dispute intensifies →

DraftKings Alberta entry signals Canada gambling market legal shift ahead

DraftKings Alberta entry signals Canada gambling market legal shift ahead Suswati Basu     DraftKings is lining up for Alberta, and the timing says as much as the announcement itself. The company disclosed on Thursday (April 16) that it plans to bring its sportsbook and casino products to the province, subject to licensing. Alberta is … Continue reading DraftKings Alberta entry signals Canada gambling market legal shift ahead →

Judge denies NCAA bid to block DraftKings March Madness trademarks use

Judge denies NCAA bid to block DraftKings March Madness trademarks use Suswati Basu     A federal judge has refused to immediately stop DraftKings from using the NCAA’s well-known basketball tournament branding, even while signaling the league is likely to win key parts of its lawsuit. In a March 26 order, the US District Court … Continue reading Judge denies NCAA bid to block DraftKings March Madness trademarks use →

DraftKings announces plans to launch market-making arm for predictions sector

DraftKings announces plans to launch market-making arm for predictions sector Rachael Davies   Suswati Basu     Building on its pivot into prediction markets, gambling giant DraftKings has confirmed it will launch a market-making arm in the new sector. DraftKings has made its focus on prediction markets moving forward clear in a letter to its … Continue reading DraftKings announces plans to launch market-making arm for predictions sector →

DraftKings and ESPN pact spotlights upcoming Predictions launch amid improved quarterly results

DraftKings and ESPN pact spotlights upcoming Predictions launch amid improved quarterly results Sophie Atkinson   Suswati Basu     DraftKings and ESPN made their new agreement public on Thursday (November 6) as the broadcaster replaced PENN Entertainment with DraftKings as the exclusive ‘Official Sportsbook and Odds Provider.’ The partnership means fans will be able to … Continue reading DraftKings and ESPN pact spotlights upcoming Predictions launch amid improved quarterly results →

Boston Tech Watch: DraftKings Drives, The Engine Revs, NuTonomy Swaps

Brian Dowling     Welcome to August’s automotive-themed tech news round-up. This week’s batch of news features a dose of updates that range from self-driving cars to funds or new ventures that sound close enough to being automotive-related (but aren’t) that I just couldn’t pass up making a point about it. Read on for the … Continue reading Boston Tech Watch: DraftKings Drives, The Engine Revs, NuTonomy Swaps →