Draft Kings is one of the premier betting sites in the United States. DraftKings’ market cap was $20.31 billion on November 13, 2024. $22.05 billion was the company’s enterprise value. They have partnerships with all major sporting organizations within the United States.
However, they are now having to deal with an angry wife from New Jersey.
“He Stole Money” Draft Kings Suddenly At The Center Of Multi-Million Dollar Lawsuit (Report)

A New Jersey family is fed up with DraftKings. Following a four-year gambling spree, the family is now taking them to court after the father of two gambled away over $1 million:
The man, who wasn’t revealed by his real name, only by his username Mdallo1990, allegedly spent and lost $942,232.32 between Jan. 1, 2020, and Jan. 13, 2024, as he continued to fuel his gambling habits.
In a lawsuit, Lisa D’Alessandro alleges that DraftKings targeted her husband with bonuses and gifts, which pushed him to deposit $15 million and the previously mentioned $1 million from his wife and children’s savings.
D’Alessandro stated that the gambling giant knew her husband had a problem and preyed on him with incentives so he could feed his addiction.
The lawsuit claimed the father “stole money from his spouse” to deposit with DraftKings by taking funds from her credit cards and other accounts “without her permission or knowledge.”

Lisa D’Alessandro claims DraftKings deliberately “nurtured” her gambling addiction by forcing her to wager “exponentially higher amounts.”
His DraftKings username, “Mdallo1990,” went from betting no more than $3,775 a month to betting $125,000 a month, according to the complaint.
“The laws in any state regarding mobile sport betting and how it’s supposed to be done are so fuzzy and they change so quickly,” said Tim Fong, an addiction psychiatrist and co-director of UCLA Gambling Studies Program.

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