Provision record
DraftKings · DraftKings Terms of Use · View original document ↗

Cross-Platform Fund Transfer Authorization

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Document Record

What it is

The agreement authorizes DraftKings and its affiliates to transfer, allocate, or apply user account funds across affiliated platforms and services subject to applicable law and location-based restrictions. The terms note that deposited funds may not always be transferable depending on the user's physical location.

This analysis describes what DraftKings's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This provision grants DraftKings and its affiliates authorization to move user account funds across multiple platforms and services, with restrictions that vary by location. The operational scope of this authorization depends on which affiliated platforms and services are in scope at any given time.

Interpretive note: The practical scope of this authorization depends on which DraftKings affiliates and services are in scope at any given time, which the document does not enumerate in this clause.

Recent Activity

This document changed recently

Medium Jul 1, 2026

The updated terms establish that daily fantasy terms apply only to fantasy sports contests and explicitly exclude other DraftKings services like sportsbook, igaming, and horse racing. Illinois residents now face a minimum age requirement of 21 to open accounts and participate in contests, while the prior exception allowing 18-year-olds in Virginia who opened accounts before July 1, 2025 no longer applies. The terms now prohibit use of VPNs or attempts to disguise physical location while using the platform, treating such use as a terms violation. Additionally, DraftKings has reserved authority to transfer account funds across its affiliated platforms to meet regulatory or operational requirements without requiring advance notice for each transfer.

View change record →

Clause Stability Stable

0
Changes
4
Months Monitored
Jul 9, 2026
First Seen
Jul 9, 2026
Last Seen

Change history

added Aug 1, 2026

This new provision grants DraftKings authority to move user funds across its affiliated platforms without explicit per-transaction consent, potentially limiting user control over their account balances.

View full change record →

Consumer impact (what this means for users)

Under this clause, user account funds may be transferred or allocated across DraftKings and its affiliated platforms and services, subject to applicable law and location-based restrictions. The agreement directs users to a linked page for further information on cross-platform fund restrictions.

Cross-platform context

See how other platforms handle Cross-Platform Fund Transfer Authorization and similar clauses.

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▸ View Original Clause Language DOCUMENT RECORD
"
Subject to applicable law, you authorize DraftKings and its affiliates to make eligible Account funds available across DraftKings and its affiliates' other platforms and services and to transfer, allocate, or apply those funds as reasonably necessary to support your use of such other platforms and services and/or to meet legal, regulatory, or operational requirements. Funds deposited may not be available to be used on DraftKings and its affiliates' other platforms and services, and such restrictions may depend on your physical location at the time of the deposit.

Excerpt from DraftKings's Terms of Use

ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

1.

Insight

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Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable agencies

  • Consumer Financial Protection Bureau (cfpb)
    Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
    Who can file: Anyone who has used a consumer financial product or service in the US
    What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
    What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.
    File a complaint →
  • State Attorney General
    State AGs in California, New York, Texas, and other states can investigate violations of state consumer protection and privacy laws, including CCPA (California), SHIELD Act (New York), and equivalents.
    Who can file: Residents of states with comprehensive privacy laws — primarily California, Virginia, Colorado, Connecticut, and Utah
    What you need: Evidence of the violation, explanation of how your state rights were affected, and your account or contact information with the company
    What to expect: Outcomes vary by state. May result in investigation, enforcement action, or requirement for the company to change practices. No direct individual compensation in most cases.

    Search "[your state] attorney general consumer complaint" to find your state's direct complaint form

Provision details

Document information
Document
DraftKings Terms of Use
Entity
DraftKings
Document last updated
May 5, 2026
Tracking information
First tracked
July 9, 2026
Last verified
July 9, 2026
Record ID
CA-P-015152
Document ID
CA-D-00348
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
ad9ce431c997ae664451a169d97d1a695508b628e258f2470818d55c0d604566
Analysis generated
July 9, 2026 07:16 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: DraftKings
Document: DraftKings Terms of Use
Record ID: CA-P-015152
Captured: 2026-07-09 07:16:34 UTC
SHA-256: ad9ce431c997ae66…
URL: https://conductatlas.com/platform/draftkings/draftkings-terms-of-use/provision/CA-P-015152/cross-platform-fund-transfer-authorization/
Accessed: Sept. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does DraftKings's Cross-Platform Fund Transfer Authorization clause do?

This provision grants DraftKings and its affiliates authorization to move user account funds across multiple platforms and services, with restrictions that vary by location. The operational scope of this authorization depends on which affiliated platforms and services are in scope at any given time.

How does this clause affect you?

Under this clause, user account funds may be transferred or allocated across DraftKings and its affiliated platforms and services, subject to applicable law and location-based restrictions. The agreement directs users to a linked page for further information on cross-platform fund restrictions.

Is ConductAtlas affiliated with DraftKings?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by DraftKings.