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US federal court dismisses DC gambling recovery lawsuits against betting firms

Regulation

A federal court in Washington, DC, dismissed lawsuits brought by DC Gambling Recovery against DraftKings, Caesars Sportsbook and FanDuel, according to the report. The plaintiff sought damages under the District's version of the Statute of Anne; the District's attorney general supported the companies' request to dismiss. The report says the judge accepted the defence position that amended local law applied retroactively.

The dismissal removes the lawsuits' claimed damages exposure for the named sportsbooks, according to the report.

End-of-day close DraftKings (DKNG), USD, to 21 May 2026
Story date20 February 202621 May 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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