Baltimore sues DraftKings, FanDuel over misleading promotions that encourage compulsive gambling [CBS News]
DraftKings Inc. - Class A (DKNG)
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Source: CBS News
The city claims the sports betting sites use misleading promotions to attract new users and take advantage of their identify those who suffer from gambling addictions through analytics. The lawsuit argues that DraftKings and FanDuel are engaging in "deceptive and unfair practices by targeting and exploiting vulnerable gamblers in violation of Baltimore's Consumer Protection Ordinance (CPO)." "These companies are engaging in shady practices, and the people of our city are literally paying the price," Baltimore Mayor Brandon Scott said in a statement. "DraftKings and FanDuel have specifically targeted our most vulnerable residents—including those struggling with gambling disorders—and have caused significant harm as a result. This lawsuit is a critical step to hold them accountable and protect all Baltimoreans." Baltimore City argues in the complaint that DraftKings and FanDuel's persuasions are leading to addictions to their gambling platforms and then exploiting and targeting t
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- DraftKings enters prediction markets with CFTC-approved app for real-world events [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 11/6/25 - Beat
DKNG
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website