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Company: DraftKings, Inc.
Current Parent Company:
DraftKings Inc.
Parent at the Time of the Penalty Announcement:
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Penalty: $1,300,000
Year: 2017
Date: September 7, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: DraftKings and FanDuel agreed to pay $1.3 million each in settlement of allegations of unfair and deceptive practices before July 2016, when consumer protection regulations for fantasy sports went into effect.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: entertainment
Specific Industry of Current Parent: digital sports gambling
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.