Sports betting company DraftKings has agreed to pay a $200,000 penalty for selectively disclosing material non-public information on social media accounts rather than to all investors, the U.S. Securities and Exchange Commission announced on Thursday.

In posts on X and LinkedIn in July of last year, the company’s public relations firm boasted of DraftKings’ “strong growth” even though the company had not released its second-quarter financial results, according to the SEC.

The company then asked for the posts to be deleted but did not disclose relevant information to all investors for a week, the agency said in a statement.

“It is essential that, when companies disseminate material, non-public information, they do so fairly to all investors,” John Dugan, associate enforcement director in the SEC’s Boston office, said in the statement.

Please fill out the form to send a message to the CDC Gaming Reports team. Alternatively, you can send an email to the address on the footer of each page.