DraftKings has appointed Lori Kalani as its Chief Responsible Gaming Officer (CRGO) amidst increasing public concern over the impact of the sports betting boom, emphasizing her regulatory expertise and commitment to responsible gaming. Here’s a look at the key points surrounding Kalani’s appointment and the challenges DraftKings faces in the midst of its growth.

  • Experience in Regulatory Relationships: Kalani’s background in developing relationships with regulators and attorney generals showcases her suitability for the role.
  • CEO’s Emphasis on Responsible Gaming: CEO Jason Robins emphasizes responsible gaming as a top priority for DraftKings, highlighting Kalani’s role in advancing responsible gaming initiatives.
  • Diverse Industry Experience: Kalani’s diverse industry experience and understanding of regulatory environments from her role at Cozen O’Connor are seen as valuable assets for her new position.
  • Kalani’s Excitement and Commitment: Kalani expresses excitement about joining DraftKings and is eager to bolster the company’s responsible gaming efforts through partnerships with colleagues, regulators, and community advocates.
  • Legal Challenges Amid Growth: DraftKings faces legal challenges, including class actions regarding historic marketing practices, such as the examination of “Risk-Free” bets and allegations of “unfair and deceptive” bonus bets, amidst its growth in the online sports betting market.