In July, DraftKings decided to shut down its non-fungible token, or NFT, marketplace and its game associated with NFTs, citing "recent legal developments." "Information about growth in sales as a ...

DraftKings recognized that the market for NFTs had evaporated. It abruptly shut down its NFT marketplace this past July 30 and has refused to pay the NFLPA the money it still owes on the 2021 ...

DraftKings also ventures into the digital collectibles market with its DraftKings Marketplace, featuring curated NFT drops and facilitating secondary-market transactions.

(DraftKings hasn't broken out its NFT sales in its financial disclosures.) But the NFT market had collapsed by early 2023. "DraftKings was stricken with buyer's remorse," the NFLPA says.

The contract gave the sportsbook NIL rights of the players for a recently shuttered NFT marketplace. DraftKings said in July it was ending the marketplace due to “recent legal developments.” ...

The sports broadcaster NESN has named a former senior leader at Fox Sports, CBS and MGM Studios as its new president and CEO.

DraftKings was using this in their now-defunct Reignmakers nonfungible tokens (NFTs) game. This July, DraftKings shut down ...

However, the similarities mostly end there, as the NFL case centers around DraftKings’ now defunct NFT marketplace, which closed in July while facing a separate class action lawsuit arguing that ...

SEC charges DraftKings with unauthorized disclosure via CEO's social media; $200K penalty agreed. Get the full story on ...