Colossus Bets, a global provider of sports jackpots and gaming technology, has filed a patent infringement suit against DraftKings in the United States District Court for the District of Delaware.
The suit relates to infringement of seven patents covering sports betting and gaming products that incorporate a cash out feature.
Colossus holds an extensive patent portfolio globally on sports bets and games incorporating cash out, including whether or not the cash out feature is used by the player.
This lawsuit in the US against DraftKings signals Colossus’ broader intention to defend its intellectual property and follows the initiation of similar proceedings against Tabcorp in Australia.
