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.

DraftKings wants to dismiss the lawsuit the National Football League Players Association (NFLPA) brought against it, ...

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

(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 ...

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 ...

Las Vegas Review-Journal / Contributor / Getty Images DraftKings shares rebounded from early losses Friday after the company posted weaker-than-expected earnings, but offered a strong outlook for ...

CHICAGO (CN) – The Seventh Circuit on Thursday declared college athletes’ lawsuit against fantasy sports websites FanDuel and DraftKings over because the ... as products designed to promote ‘the free ...

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.