Colossus Bets Sues DraftKings Alleging ‘Cash-Out’ Patent InfringementWritten by: Philip Conneller

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UK-based betting outfit Colossus Bets is suing DraftKings in a Delaware federal court. It claims the American company has infringed its patent rights by offering a “cash-out” function via its online sportsbook. It’s the second patent infringement lawsuit filed against DraftKings this year. The London-based tech supplier specializes in B2B pool betting. It entered the
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