Posts Tagged :

DraftKings

NJ Fines DraftKings $150,000 for Allowing Proxy Betting

The HALLO ECHO

  New Jersey gambling regulators have fined DraftKings $150,000 for allowing a Florida man to make online sports bets from his home by having a friend who was present in New Jersey place the bets for him. In an action made public last Wednesday, the New Jersey Division of Gambling Enforcement revealed it has reached…

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Nuvei Gets Approval to Process Payments for Sportsbook Operators in New York

The HALLO ECHO

  Nuvei Corporation has announced that it has been granted approval by the New York State Gaming Commission to process payments with recently licensed digital sports betting platforms launching in the state. The commission approved five operators this month – Caesars Sportsbook, BetMGM, DraftKings, FanDuel, and Rush Street Interactive – to accept mobile and online…

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Colossus Bets Announces Filing of Patent Infringement Lawsuit Against DraftKings in the US

The HALLO ECHO

  Colossus Bets, a global provider of sports jackpots and gaming technology, has announced the filing of a patent infringement suit against DraftKings in the United States District Court for the District of Delaware. The suit relates to infringement of seven patents, covering sports betting and gaming products that incorporate a Cash Out feature. Colossus…

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DraftKings, Inc. Investors: Company Investigated by the Portnoy Law Firm

The HALLO ECHO

  The Portnoy Law Firm advises DraftKings, Inc. investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or click here to join…

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Arizona Passes Legislation to Allow Sports Betting, Other Gambling in State

The HALLO ECHO

  Both houses of the Arizona state legislature have recently passed sweeping measures legalizing many types of gambling. Gov. Doug Ducey signed the bill into law last Thursday. In one fell swoop, Arizona went from being one of the most restrictive gambling states in the U.S. to one of the most tolerant. The cornerstone of…

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Socure to Provide DraftKings with Additional Compliance Tools

The HALLO ECHO

  Socure’s Intelligent KYC will enhance DraftKings’ customer verification process for its Daily Fantasy Sports, Sportsbook, and iGaming Products Socure, the leader in 100% digital identity trust, today announced that it signed a multi-year agreement with DraftKings Inc., a leader in the digital sports entertainment and gaming industry. Using Socure’s Socure ID+ identity verification suite,…

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