DraftKings has submitted a trademark application to the United States Patent and Trademark Office seeking registration of "March Madness" for its sports betting and gaming services. The term "March Madness" is widely recognized as the moniker for the NCAA men's college basketball tournament held every March. By filing for this trademark, DraftKings aims to reinforce its brand presence and promotional efforts in the competitive sports betting market during the tournament season. The company's action highlights the growing link between major sports events and legal sports wagering in the U.S. This move occurs as DraftKings prepares marketing and operational strategies related to March Madness, which continues to be a pivotal period for betting operators. The trademark application signals DraftKings’s intent to formally stake claim over the phrase to enhance its competitive positioning in the lead-up to the yearly basketball tournament.