Day: September 26, 2024
SEC Charges DraftKings with Disclosure Violations Over Robins Tweet
The Securities and Exchange (SEC) announced today it charged DraftKings (NASDAQ: DKNG) with divulging nonpublic, material information over CEO Jason Robins’ social media accounts. The gaming company agreed to pay $200,000 civil penalty to settle the charges. DraftKings CEO Jason Robins. The SEC fined the company $200,000 over some social media posts he made in…
Read More
Wind Creek Casino ‘Burial Desecration’ Case Lands in Federal Appeals Court
A federal appeals court in Atlanta heard arguments Wednesday in a long-standing legal fight between two tribes over the land on which the Wind Creek Casino and Hotel in Wetumpka, Ala., now stands. The Muscogee Creek Nation claims the Poarch Creeks desecrated sacred burial ground when they built the Wind Creek Casino and Hotel, above,…
Read More