The online gambling giant has now been hit with over $300,000 in penalties across four states
DraftKings keeps rolling the dice with various authorities, from state regulators to the US Securities and Exchange Commission (SEC). The result? The online gambling operator is repeatedly crapping out.
Casino Reports counts four instances in this year alone in which DraftKings has been hit with fines by regulators. Included is a pair of six-figure wallops.
Here they are, in order from largest to smallest:
X’d out
Last week, the SEC hit DraftKings with a $200,000 (£149,251/€178,756) fine over the company’s public relations team’s posts on the X (formerly Twitter) and LinkedIn accounts of founder and CEO Jason Robins on 2 July.
The posts in question stated that DraftKings was experiencing “really strong growth” in states where it was operating.
The problem? According to the SEC, those posts violated Section 13(a) of the Exchange Act and Regulation FD. In short, the company was telling tale..
