DraftKings and FanDuel
Allegations: Falsely promising to match up to $600 of a new player’s initial deposit when DraftKings only matches that amount if the players pays thousands of dollars in additional entry…
October 2015: This action was voluntarily dismissed, the reasons for which have not been disclosed.
September 2015: This case was transferred to a Massachusetts court. (Case No. 15-cv-13476, D. MA.)
January 2015: A false advertising class-action lawsuit was filed against an online fantasy sports gambling business, DraftKings, Inc. Among other things, the complaint alleges that DraftKings deceptively advertises that it will “double,” or instantly match, up to $600 of a fantasy sports player’s initial deposit when, in reality, the company only gives players a bonus of 4% of every dollar they put into play. (Aguirre et al v. DraftKings, Inc., Case No. 15-cv-20353, S. D. FL.)
For more information about other class-action lawsuits regarding fantasy sports and TINA.org’s coverage of the topic, click here.
Click here to read the full terms of this “$250 match bonus.” Then here. Then here.
The lowdown on sportsbook’s “up to” $1,000 bonus.
It’s not just crypto ads consumers have to watch out for.
Self-regulatory body sides with FanDuel.