Online sports betting company DraftKings is facing a federal class action lawsuit for using exploitative marketing tactics.

The study, prepared for the Rhode Island Lottery by Spectrum Gaming Group, found that Rhode Island “has the highest effective tax rate in the country for sports wagering” at 51 percent

The Pennsylvania-based lawsuit claims sports betting app DraftKings targets and exploits people dealing with gambling addictions.

Ends 6/22/25 at 11:59 PM ET. In this DraftKings review, we leverage over 40 years of combined sports betting experience to set you up with everything you need to know about one of the nation’s ...

Sports bettors choose DraftKings due to its ease-of-use mobile app, supply of odds and betting lines, and live betting features. DraftKings is also among the most widely available sportsbooks and ...

DraftKings eyes profitability by 2025, driven by growth, market share gains and cost control. Click here to read an analysis of DKNG stock now.

DraftKings has kicked off 2025 with impressive financial gains, despite some unexpected challenges in the highly volatile world of sports betting. The Boston-based gaming powerhouse recently unveiled its Q1 financial results,

DraftKings merged with SBTech, which provided it with a slick sports betting platform, and listed on the Nasdaq in April 2020. The DraftKings Michigan launch date was January 19, 2021. It tied up ...

Although total handle was the lowest of the year, It was still the highest total between March and September in commonwealth history.