DraftKings has filed an application to trademark the term 'March Madness' for use in sports betting services. The move is aimed at enhancing its branding and marketing around the NCAA men's basketball tournament, which takes place every March. The trademark filing indicates DraftKings' intention to more closely associate with the popular annual college basketball event in the betting and gaming space. The NCAA is the organizer of the March Madness tournament, a major sporting event in the United States. This step by DraftKings illustrates the company's strategy to capitalize on well-known sporting event names to strengthen its market position in online sports betting. The timing aligns with the annual tournament and demonstrates ongoing efforts within the gaming industry to secure intellectual property tied to major sporting events.