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Category draftkings

DraftKings CEO says sports betting still dominates despite rise of prediction markets

DraftKings CEO says sports betting still dominates despite rise of prediction markets

DraftKings CEO Jason Robins told Jimmy Cramer on Thursday that prediction markets are not replacing traditional sports-betting.
DraftKings Dumps NFT Business, Citing Legal Developments

DraftKings Dumps NFT Business, Citing Legal Developments

The sports gambling company faces a class action lawsuit alleging its NFTs are securities.
DraftKings lawsuit advances in the US, ushering a new era for NFT securities trials

DraftKings lawsuit advances in the US, ushering a new era for NFT securities trials

A Massachusetts judge has refused DraftKings' motion to dismiss a class action lawsuit filed by buyers of its non-fungible tokens (NFTs).
U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.
Paying for Use Slows Down Crypto's Search for a Use Case

Paying for Use Slows Down Crypto's Search for a Use Case

CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.