DraftKings Terms of Use

This document constitutes DraftKings' Terms of Use (last updated July 1, 2025) governing access to and participation in the company's fantasy sports contests, daily fantasy sports platform, and related services, establishing a binding legal agreement between DraftKings and any user who accesses the website or registers an account. The terms assert several significant obligations: the agreement states that all payments are final with no refunds issued, that entries become the property of DraftKings, that users indemnify DraftKings and its affiliates from all claims arising from contest participation, and that DraftKings may terminate accounts without prior notice at its sole discretion. Notable provisions include a mandatory arbitration clause with class action waiver that requires users to opt out in writing within 30 days of account creation to preserve litigation rights, a unilateral right to modify terms that takes effect upon continued use of the platform, and broad intellectual property license grants covering user-submitted content. The document engages federal and state-level gambling, consumer protection, and fantasy sports regulatory frameworks, including state-specific age and geographic eligibility restrictions across multiple jurisdictions, with particular compliance considerations around the Consumer Financial Protection Bureau's oversight of payment processing, FTC consumer protection standards, and state attorneys general enforcement of fantasy sports statutes in states such as Missouri, Iowa, Connecticut, and others named explicitly in the terms. Compliance teams should note that the agreement's broad no-refund policy, unilateral modification rights, and mandatory arbitration provisions may interact with applicable consumer protection law depending on jurisdiction.