DraftKings sued over “catch-22” account closures

A class action lawsuit has been filed against DraftKings alleging it wrongfully closes user accounts and keeps their remaining balances. A Texas resident has filed a class action lawsuit against DraftKings, alleging the online sports betting company wrongfully closes user…

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Robinhood eyes move into US sports betting sector

Brokerage firm Robinhood is considering a move into the sports betting sector, but analysts say success will require bold strategies or key acquisitions in a competitive market. Speaking at Robinhood’s inaugural investor day event yesterday (4 December), CEO Vlad Tenev…

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LeoVegas expands German presence with sportsbook launch

MGM Resorts International-owned LeoVegas has announced a launch of sports betting operations in Germany amid European expansion. LeoVegas Group has broadened its footprint in the German iGaming market with the introduction of a sportsbook offering, marking a significant milestone in…

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