{"id":229204,"date":"2022-08-30T10:14:46","date_gmt":"2022-08-30T15:14:46","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=229204"},"modified":"2022-08-30T19:23:53","modified_gmt":"2022-08-31T00:23:53","slug":"draftkings-patent-battle-cash-out-wagering-unpatentable-concept","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-patent-battle-cash-out-wagering-unpatentable-concept\/","title":{"rendered":"DraftKings Patent Battle: Cash-Out Wagering \u2018Unpatentable Concept,\u2019 Judge Agrees"},"content":{"rendered":"
DraftKings believes the ability to \u201ccash out\u201d of a wager early is an abstract concept related to financial hedging that is unpatentable. A federal court, at least partially, agrees. But the sportsbook giant won’t be ducking out of this game before the final whistle. It will have to wait a little longer to see if it can dodge a patent infringement lawsuit brought by UK-based betting outfit Colossus Bets.<\/p>\n