Tag: DraftKings
DraftKings Ends NFT Lawsuit with $10M Settlement, Eyes Crypto Future
Sports betting giant DraftKings has agreed to a $10 million settlement to resolve a class action lawsuit alleging that its non-fungible tokens (NFTs) were unregistered securities. The lawsuit, filed in March 2023,
Crypto iGaming in New Jersey? Record Revenues Show Growing Digital Demand
New Jersey recorded its second-highest iGaming revenue in a single month, showing 20.9 percent year-over-year growth and reaching $221.6 million. The underlying data clearly shows the public’s appetite for digital
Jason Robins Says DraftKings Will Consider Crypto If More States Approve
Jason Robins, DraftKings’s Chief Executive Officer, has admitted that the company is open to accepting cryptocurrency as a form of payment in the future. During the company’s fourth-quarter earnings call, Robins