{"id":1597161,"date":"2024-09-30T09:00:25","date_gmt":"2024-09-30T13:00:25","guid":{"rendered":"https:\/\/www.sportscasting.com\/?p=1597161"},"modified":"2024-09-30T09:00:25","modified_gmt":"2024-09-30T13:00:25","slug":"draftkings-will-pay-a-200000-fine-to-the-sec-for-divulging-nonpublic-material-information","status":"publish","type":"post","link":"https:\/\/www.sportscasting.com\/news\/draftkings-will-pay-a-200000-fine-to-the-sec-for-divulging-nonpublic-material-information\/","title":{"rendered":"DraftKings will pay a $200,000 fine to the SEC for divulging nonpublic, material information"},"content":{"rendered":"
On July 27, 2023, DraftKings CEO Jason Robins posted on his personal <\/span>X<\/span><\/i> account. He noted that DraftKings continued to see \u201creally strong growth\u201d in states that offer iGaming and sports betting. That same day, a public relations firm representing DraftKings posted similar remarks to Robins\u2019 LinkedIn profile. However, this information was not supposed to be released to the public for another week.\u00a0<\/span><\/p>\n