(Bloomberg) -- DraftKings Inc. has been hit by a class ... product should take special precautions to minimize that risk, the filing said. Bonus bets for new users have become a regular feature ...

The company generated 9 figures in gross sales from the endeavor but is now the target of a class action lawsuit ... no shortage of litigation risk pertaining to DraftKings.

I cover the intersection of sports and money. Daily fantasy sports operator DraftKings has been sued for allegedly exploiting the accomplishments of as many as 2,000 college football and ...

DraftKings Inc. and Bet635 Group Ltd. moved to quash a lawsuit from Major League Baseball players’ union, saying the ...

DraftKings and bet365 filed motions to dismiss a lawsuit filed by MLB Players Inc., a subsidiary of the MLB Players Association. In September, MLB Players Inc. filed two lawsuits, claiming FanDuel, ...

Further, DraftKings has $125 million in an untapped revolver. Also, we expect positive adjusted EBITDA beginning in 2024 and a continuation of positive free cash flow to the firm that began in 2023.

while the lawsuit against DraftKings and bet365 was filed in Philadelphia. The Underdog lawsuit appears to be moving forward in New York. Meanwhile, the case against DraftKings and bet365 is still ...