Published
Legal & RegulatorySports BettingIndustry

DraftKings sued by Colossus Bets over “wilful and deliberate” patent infringement

Colossus Bets has accused DraftKings of patent infringement in a lawsuit filed with the US District Court of Delaware.

LawsuitColossus

Law firm DLA Piper will represent the London-based business in its suit that alleges DraftKings infringed seven patents covering sports betting and gaming products that all incorporate a ‘Cash Out’ feature.

Colossus retains an extensive patent portfolio globally on sports wagers and games that use this feature, including whether or not it is used by the player.

Accordingly, the company attests that its patents apply to all accepted US bets with a Cash Out feature since the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018, when Colossus first notified DraftKings of its patent rights.

But, according to the company, DraftKings has continued to offer its products despite “repeated notices of infringement,” leading Colossus to seek to recover all damages available by law, including increased damages for wilful and deliberate infringement.

Colossus stated that, given the scope of its patent portfolio, its current proceedings “will have implications for the entire gaming industry and multi-billion-dollar US market.”

This lawsuit follows similar proceedings against Australian gambling juggernaut, Tabcorp. Regarding its latest action against DraftKings, Bernard Marantelli, Colossus Bets’ Founder and inventor of the patents in-suit, stated: “We attempted to resolve this amicably and we gave them ample opportunity to do so.

“We take our intellectual property very seriously. This is the next step towards protecting our rights and income across the industry in the US.”

Colossus Bets has previously announced patent licences with bet365 and Esports Technologies. Beyond the US, its patent portfolio covers Australia, Japan, South Korea, the Philippines, Indonesia, South Africa, Singapore, Nigeria and Eurasia.

Premium+ Connections
Premium

Imagine Live

 
Premium

Lynon

 
Premium

PIN-UP Partners

 
Premium

Sport Generate

 
Premium

Revsharks

 
Premium

1xBet Partners

 
 
Premium

RISK

 
Premium

Digitain

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...