Tag: draftkings
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DraftKings’ New Slots Advertising Campaign Is Really Dark
Playing an online slot game while bowling? Doing yoga? Having a meal with friends? That’s all portrayed as perfectly normal in a new slots advertising campaign from DraftKings Casino, a product legal and regulated in five states, plus Alberta and Ontario, Canada. Take a look below at the advertisement DraftKings released on Aug. 24. …
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DraftKings Finally Being Sued Over ‘Predictions’ Product
Over the last week, at least three lawsuits were filed against DraftKings related to its so-called “sports event contracts” on its prediction market. Two were filed in federal court in Massachusetts, where DraftKings is based. – Chan v. DraftKings Inc. et al – Gordon et al v. DraftKings Inc. et al Another was filed in…
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Centuries-Old Law Used In DraftKings, Polymarket Lawsuit
A lawsuit in South Carolina accuses DraftKings Predictions, Polymarket US, and a network of exchanges, clearinghouses, and market makers of facilitating illegal sports betting in the state. The complaint, filed by Attorney James M. Hughes, names DraftKings and Polymarket-related entities, CME, Crypto.com Derivatives North America, Bitnomial, Wintermute, Jump Trading, DRW, IMC, Galaxy Digital, and Virtu…
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DraftKings Sues Philly As City Investigates Gambling Addiction
DraftKings has sued Philadelphia in federal court, seeking to halt an investigation into its sports betting practices and block enforcement of a local consumer protection ordinance, according to a report from Reuters. The lawsuit follows an April 24 subpoena from Philadelphia’s Law Department requesting information about DraftKings’ sports wagering operations, promotional credits and bonuses, VIP…
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DraftKings ‘Moonshot’ Continues Slot Machinification Trend
Sports betting apps continue to resemble slot machines, and DraftKings’ new feature, “Moonshot,” is the latest example of the broader “microbetting” shift. Moonshot follows the controversial launch of “DraftKings Replay,” another slot-like game tied to baseball. People can now bet more quickly and continuously in ways that past sportsbook products did not enable, further blurring…
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