Sports betting

Colossus Bets files IP lawsuit against DraftKings and Tabcorp over cash-out feature

B2C and B2B pool-betting operator takes aim at US and Australian giants after multiple patent infringement claims go unanswered

Colossus Bets has launched legal proceedings in the US against DraftKings and in Australia against Tabcorp over alleged patent infringements relating to cash-out products. In respect of the US claim, Colossus Bets has filed a lawsuit with the US District Court in Delaware alleging seven separate counts of US patent infringement. Colossus Bets founder and…

Australia | Bernard Marantelli | Cash-out | Colossus Bets | DraftKings | Legal | Sports betting | TAB | Tacorp