Sept 26 (Reuters) -

Sports betting company

DraftKings ( DKNG )

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' ( DKNG ) "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.

If they choose to use social media accounts to release

key information, companies must inform investors in advance as

to which social media accounts will be used, according to the

SEC.

Representatives for DraftKings ( DKNG ) did not immediately

respond to a request for comment.