DraftKings Sued Over Its ‘Deceptive’ $1,000 Bonus Bet Offer (2)

DraftKings Inc. has been hit by a class-action suit alleging that advertising for the sportsbook’s $1,000 bonus bet offer is “unfair and deceptive” because the terms to qualify are so onerous.

The Public Health Advocacy Institute, which filed the suit on behalf of two Massachusetts residents, accused DraftKings of designing its promotion to mislead new customers into believing they’d receive a $1,000 bonus after depositing money into their account.

In order to obtain that amount, a customer needs to deposit $5,000 and wager $25,000 within 90 days, according to the suit filed at a state court in Massachusetts. The ...