FTC Eyes Online Sports Betting Over Alleged Deceptive Marketing Practices

The Federal Trade Commission (FTC) is reportedly launching an investigation into online sports betting and how sportsbooks market to consumers. The newly established Washington Sun , a media upstart in the nation’s capital consisting of journalists laid off by the Washington Post , reports that the FTC is probing claims that online sportsbooks like DraftKings and FanDuel deceive and mislead consumers in their advertising. “Both political and career staffers at the agency have been involved in reviewing online sportsbooks, the sources said, though the evaluation is in its early stages,” Jeff Stein wrote for the Washington Sun .