DraftKings Accused of Closing Accounts, Pocketing Balances

Online sports betting company DraftKings Inc. fraudulently closes users’ accounts and steals their remaining balances, a class action suit filed Monday alleges.

Texas resident Eric Avila’s account was deactivated in August 2024 while he had a balance of $100, according to the complaint filed in the US District Court for the District of Massachusetts.

DraftKings users keep funds in their accounts to finance their wagers, which can come from their own bank accounts, their winnings, or incentive payments from the company, the complaint said.

Avila accused DraftKings of terminating his account under the false pretense that he had opened up ...