Engine Media shares once surged more than 20% in premarket trading

Tiger Newspress2021-07-08

Engine Media shares once surged more than 20% in premarket trading,after filing patent infringement lawsuit against DraftKings.

  • Engine Media Holdings's Winview subsidiary has commenced an action in the U.S. District Court of New Jersey against DraftKings(NASDAQ:DKNG), alleging infringement of patents owned by Winview.
  • The lawsuit alleges that various gaming services provided by DraftKings infringe Winview's U.S. Patent No. 9,878,243 entitled "Methodology for Equalizing Systemic Latencies in Television Reception in Connection with Games of Skill Played in Connection with Live Television Programming" and U.S. Patent No. 10,721,543 entitled "Method Of and System For Managing Client Resources and Assets for Activities On Computing Devices."
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