May 16, 2024
The Patent Trial and Appeal Board said Wednesday it will review a patent owned by DraftKings Inc. rival Colossus Bets on a way for gamblers to "cash out" of a sports bet to cut their losses before a game is over.
February 22, 2024
The Patent Trial and Appeal Board's new Delegated Rehearing Panel has found that a petition by DraftKings challenging a patent owned by rival Colossus Bets was wrongly denied, because the original panel misinterpreted a term in the patent.
November 09, 2023
For the first time, the head of the U.S. Patent and Trademark Office has ordered the patent board to put together a separate panel to consider a decision not to review a patent challenge, choosing a rehearing bid from the DraftKings brand fighting a patent owned by a British sports gambling rival.