DraftKings Consents to Repay $3 Million to Gamblers in Connecticut
In the world of sports betting, DraftKings has found itself under scrutiny as state gaming regulators in Connecticut determined that some of the company's promotional offers did not clearly disclose wagering requirements, potentially misleading thousands of users.
According to reports, DraftKings has agreed to refund more than $3 million to over 7,000 Connecticut users and settle multiple investigations related to misleading advertising practices. As part of the settlement, DraftKings must now clearly display all bonus conditions in its ads and provide ongoing compliance training for five years.
The issue in Connecticut is not unique. In Massachusetts, DraftKings is being sued over a promotion that allegedly required users to deposit $5,000 and wager $25,000 to receive a $1,000 bonus, which is seen as problematic under state law.
However, no explicit allegations regarding advertising law violations in Maryland were found in the search results.
It's important to note that this article does not imply an admission of liability by DraftKings. The settlement does not require an admission of wrongdoing.
Michael Savio, a writer from Denver, has been covering the sports betting industry for over four years. His work for Casino.com focuses on providing accurate and easy-to-understand information for readers. Despite his expertise in the field, Savio is not involved in the lawsuits against DraftKings in Maryland and Massachusetts, nor is his work associated with the settlement between DraftKings and Connecticut.
When he's not covering the industry, Savio enjoys betting on sports. His explorations of everything that Colorado has to offer in the sports betting realm add a personal touch to his professional work.
[1] Connecticut Department of Consumer Protection
[2] DraftKings Settles with Connecticut over Advertising Practices
[3] DraftKings Fined for Unauthorized Betting Activities in Colorado
[4] Massachusetts AG Sues DraftKings over Sports Betting Promotion
- DraftKings' operations extend beyond sports betting, as it also offers services at online casinos, contributing to the broader industry known as casino-and-gambling.
- Amidst investigations and lawsuits in multiple states, some users might question the transparency of bonuses and promotions while participating in sports betting or casino games at DraftKings.
