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DraftKings has been hit with a lawsuit accusing the betting company of breaking wagering laws in seven different states. The multi-state class-action is being headed by Michael Koester, based in Michigan, who claims that DraftKings is allowing players to increase gambling limits, circumventing state law.
This type of law is implemented in Michigan, Colorado, Connecticut, Indiana, Iowa, Louisiana, and New York. However, according to court documents reviewed by ReadWrite, Koester alleges that DraftKings allows users to go around this without a waiting period before kicking in.
Koester claims to know this information, as he himself has done it. According to the lawsuit, Koester has been a DraftKings user since 2021, with a spending limit implemented on December 31 of that year. Over the following year, he repeatedly got around this limit without being made to undergo the cooling-off period usually expected.

“The plain meaning of this regulation is clear that once a patron establishes any responsible gaming limitations (deposit, spend, time, wager amount), there must be at least a 24-hour waiting period after patron requests an increase to their self-imposed limits before that request can take effect.”

Koester also didn’t immediately jump into the lawsuit. It’s reported that he had contacted both DraftKings customer service and the Michigan Gaming Control Board, both of which shut down their investigations.
By law in these seven states, DraftKings should have imposed a waiting period before higher wagering limits could take effect.
DraftKings interprets law a little differently
However, DraftKings doesn’t see it that way. Instead, the betting app company claims that restrictions can only be circumvented if they expire.
Should the lawsuit be won, Gambling Insider reports that the case could expose DraftKings to large-scale refund claims. DraftKings will presumably be fighting this one hard, as it would open them up to refunds and other federal trouble.
In Connecticut, DraftKings has already had to hand back more than $3 million to thousands of customers after regulators decided some of its bonus offers broke state gaming and advertising rules. On top of that, a couple of class-action lawsuits over misleading sign-up and so-called “risk-free” bonuses are still moving forward after judges refused to throw them out.
In April of 2025, DraftKings was met with another class-action lawsuit, which took them to task over “risk-free” promotions. Massachusetts hit them with a $450K fine over credit card bets in August.
ReadWrite has reached out to DraftKings for comment on the lawsuit.
Featured image: DraftKings
The post DraftKings faces down seven state wide class-action lawsuit over gambling limits appeared first on ReadWrite.

A popular Australian poker player has taken to social media to apologize after cheating at a recent event, with the Southern Poker Tour also confirming he is no longer a brand ambassador.
Chris Skinner, who took part at the Poker with Fred New Years Eve game in Cobram, Victoria, did put out a statement on a Facebook profile, but this has now been made private. Within the statement, he said “I cheated, I brought chips into play that I had no right to bring into the game. No matter the amount or the result, it was wrong. There is no excuse for it.”
A Facebook apology post in which Chris Skinner admits to cheating at a local poker game and accepts the consequences. Credit: Facebook / Chris Skinner
He went on to say he will be apologizing in person to the players involved and says he’s offered a contribution toward a future local tournament as a gesture of accountability.
The issue has caused many in the community to share comments of disappointments and shock. On January 7, the Southern Poker Tour (SPT) also released a statement to firstly say Happy New Year to their followers, before stating this wasn’t the way they wanted to start the year.
“Like the rest of the poker community, we were deeply shocked and extremely disappointed to hear about the incident that took place at the POKER WITH FRED New Years Eve game in Cobram, Victoria,” the sports league said.
Southern Poker Tour issues public statement on cheating scandal
They went on to confirm that SPT and Chris have parted ways and Chris will no longer be the brand ambassador for the league. The poker player was the first brand ambassador for the league, having signed on in May 2022. At the time, he was described as being a huge supporter of the SPT and a regular at events.
The man has also been banned from participating in any SPT tournaments. “SPT pride itself on providing fair and ethical events and in no way will condone these sorts of actions. We would like to commend Fred Braybon on his management and transparency of this incident,” the league stated in the post.
They have made additional points on record too, for further transparency, with these stating that “Chris has only ever transported poker tables for SPT with our first two years of operation. SPT have since managed all of our own transportation.”
They continued: “SPT chips are transported to and from our venues by only either SPT owners or our highest ranked staff members, and are stored securely after each series. As part of our SPT series host venue agreements, the venue needs to provide us with a secure room for us to sort and store chips throughout each series. Only staff have access to these rooms.”
Featured Image: Via Southern Poker Tour Facebook statement
The post Chris Skinner steps down as brand ambassador of Southern Poker Tour after cheating scandal appeared first on ReadWrite.

Cambodia extradites billionaire businessman Chen Zhi to China, where he is accused of running a vast scam empire spanning cryptocurrency, illegal gambling, and labor camps.
Prince Group, the company being used to commit the alleged crimes, has had its operations in Cambodia suspended. The UK has sanctioned the company as a whole. Meanwhile, his extradition to China will see him facing charges, with the official translated announcement from the Ministry of Public Security of the People’s Republic of China stating: “… public security authorities will soon issue warrants for the first batch of key members of Chen Zhi’s criminal group, determined to apprehend all fugitives.
“Public security authorities warn criminals to recognize the situation, stop before it’s too late, immediately turn themselves in, and seek lenient treatment.”
Zhi was arrested alongside two other Chinese nationals, Xu Ji Liang and Shao Ju Hui. Last month, Zhi was also stripped of his Cambodian nationality by royal decree, which he’d acquired in 2014.
Businessman Chen Zhi was under investigation since 2020

According to reports, Chinese authorities had been investigating Zhi’s business since 2020. That business involved holding people against their will to act in various scams, designed to defraud millions out of their victims. In total, it’s estimated that Zhi had amassed billions in stolen cryptocurrency, which was compounded by the illegal gambling rooms that Prince Group was behind.
In 2025, $15 billion worth of Bitcoin was seized by the US authorities.
However, despite the mounting evidence, Cambodia’s government has been described as urging the UK and US, which have placed sanctions on Prince Group, to have enough evidence to back up their claims against Zhi.
Zhi’s bank, Prince Bank, has entered liquidation and is now banned from offering any kind of banking services. However, the BBC reports that existing customers can still withdraw their cash, as well as repay any loans that they may owe.
Featured image: China Ministry of Public Safety
The post Cambodia extradites Chen Zhi, who allegedly ran multi-billion scam and gambling rings appeared first on ReadWrite.