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DraftKings Settles Class Action Lawsuit for $8 Million
Settlement is a hybrid payment whose lion’s share is in-game currency
Two Fair Households
It wasn’t too long ago that DraftKings and FanDuel, the biggest names in the fantasy sports league business, were set to merge. But the downfall of the deal is implied in the description of the companies – they were the biggest players in the field, and the Federal Trade Commission (FTC) didn’t want them to get together.
But in a certain sense, the two companies got married anyway: They both experienced the same, or similar, legal woes brought on by their elevated position on the fantasy sports heap.
NAD Finds That Humor Doesn't Always Indicate Puffery - Media, Telecoms, IT, Entertainment mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.