DraftKings

cryptocurrency in sports betting

Cryptocurrency In Legal Sports Betting: What’s Next?

The US sports betting industry has yet to fully embrace cryptocurrency, but at least one big name in the space is advocating for its adoption. DraftKings co-founder and CEO Jason Robins chatted with cryptocurrency publication Decrypt last month about migrating more people to crypto. His main thought on the publication’s gm podcast is to make cryptocurrency more user-friendly for […] Read More
Posted on: June 9, 2022 | Regulation Sports Betting | Pat Evans
Kansas sports betting

DraftKings, Bally Bet Line Up Kansas Sports Betting Entry

Kansas casinos are ready for another stream of revenue from sports betting. On Monday, Dodge City’s Boot Hill Casino & Resort announced its KS sports betting partnerships with DraftKings and Bally Bet. Each of the four Kansas casinos can partner with up to three online sports betting platforms for the market, which likely will launch […] Read More
Posted on: May 17, 2022 | Sports Betting | Pat Evans
DraftKings

DraftKings Files Motion To Dismiss Securities Suit From Short-Seller Report

Late last month, DraftKings filed a motion to dismiss an amended complaint in litigation surrounding securities laws. The litigation stems from a class-action lawsuit filed in July 2021 alleging that DraftKings violated federal securities laws. In particular, the lawsuit alleged that DraftKings made false or misleading statements about the company’s relationship with SBTech. The case […] Read More
Posted on: March 22, 2022 | Sports Betting | John Holden
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