Overview

• New Jersey regulators fined DraftKings $100,000 for inaccurate sports betting data reporting.
• The errors involved overstating parlay bets and understating other wagers, affecting tax returns.
• DraftKings attributed the mistakes to a coding error in a new database, now corrected.
• The company has implemented additional controls and staff training to prevent future issues.
• Regulators emphasized that accurate data is critical for the integrity of the gaming system.