A Michigan gambler is suing DraftKings, claiming the sportsbook let him—and potentially thousands of others—blow past mandatory cooling-off periods meant to curb compulsive betting. Seven States, One Big Legal Headache Filed in late December in Michigan federal court, the lawsuit by Michael Koester alleges DraftKings ignored responsible gambling laws in Michigan, Colorado, Connecticut, Indiana, Iowa, […]
DraftKings
DraftKings Drops Credit Card Deposits Nationwide Amid Regulatory Crackdown
DraftKings will no longer accept credit cards for deposits on its sportsbook and online casino platforms across the U.S., effective August 25. The company says the move is designed to protect users from financial pitfalls like high-interest rates and cash advance fees, while promoting safer ways to fund accounts. Customers will still be able to […]
DraftKings Faces $100,000 Penalty for Data Misreporting in New Jersey
Inaccuracies Uncovered The New Jersey Division of Gaming Enforcement (DGE) has imposed a hefty $100,000 fine on sports betting giant DraftKings for submitting inaccurate data over several months. This marks a significant regulatory action, the first since the Professional and Amateur Sports Protection Act (PAPSA) was repealed, allowing states like New Jersey to legalize sports […]
