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DraftKings used AI to target losing bettors: 'The best investment would be a problem gambler'
Former DraftKings employees say the company sent promotional offers to the very gamblers who were most likely to rack up losses, according to a report. The sports gambling giant used AI and data science to help determine which customers should receive promotional offers,
A report from the New York Times, based on interviews with over 40 former DraftKings employees, and apparently a look at some of the company’s internal documents, has some possible insight about what DraftKings is supposedly up to: using machine learning to target the valuable resource commonly known as “losers.”
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DraftKings used a machine-learning model to target gamblers most likely to lose, while a risk-detection effort was reportedly shelved.
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So in 2023, DraftKings took customer betting records and built a machine learning model, a form of artificial intelligence that seeks patterns in data, to answer the question: Who was more likely to respond to promotions by gambling —
Breaking down this week's Sunday Night Showdown contests, including game scripting, injury impacts, and value plays to help you build sharper DFS lineups
DraftKings has requested the US Patent Office to reconsider the validity of Interactive Games' geolocation patent, arguing its features are unoriginal and standard in the gambling industry. This blog explores the ongoing litigation,
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