The company will pay a $90,000 settlement to the state for accepting bets on the two events, according to documents filed with the Colorado Limited Gaming Control Commission.

DraftKings fell under scrutiny in recent years due to their alleged attempt to “obstruct or impair competition” in the sports betting industry, which is a violation of federal antitrust laws.

Missouri's sports betting launch is on schedule for Dec. 1 after a quiet public hearing. Three operators hope to get ...

California Attorney General Rob Bonta issued a formal legal opinion on Thursday declaring that daily fantasy sports platforms constitute a form of illegal online sports betting. In the 33-page ...

Flutter and DraftKings dominate US sports betting with 66.1% market share. Click here to explore growth potential, profitability trends, and market insights of FLUT and DKNG stocks here.

California law prohibiting gambling on sporting events, except for betting on horse races, also extends to the increasingly popular daily fantasy sports games, Attorney General Rob Bonta said in a ...