Tag Archives: DraftKings

DraftKings enters ‘Unicorn Club’ with $300 million Series D funding

The US tech industry has branded the birth of another ‘Unicorn’ as daily fantasy sports (DFS) operator DraftKings announces that it has raised $300 million (£195 million) in series D funding. 21 Century Fox’s Fox Sports division contributed the majority of the rounds funding capital, other investors included venture capital firms Atlas Ventures, Kraft Group and Raine Group. This latest …

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DraftKings scores exclusive MLS fantasy partnership

Following last week’s announcement that it would spend $250 million on Disney ESPN inventory over the next two years, US daily fantasy sports operator DraftKings continues to ramp up its marketing coverage by announcing an exclusive partnership with Major League Soccer (MLS). The MLS will become the fifth professional sports league/body to become an official partner of DraftKings joining the …

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DraftKings commits $250 million ad-spend with Disney ESPN

Daily fantasy sports (DFS) operator DraftKings is set to further its relationship with Walt Disney Company owned US sports network ESPN, by committing $250 million (£160 million) in ad-spend over the next two years. DraftKings will become the exclusive DFS partner to ESPN owned media channels and digital inventory as the operator secures its biggest advertising partnership and secures nationwide …

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DraftKings secures live fantasy sports partnership with LA Staples Center

DraftKings has continued its live marketing strategy by announcing that it has partnered with the Los Angles AEG Staples Center to create arena stadium points for fantasy sports fans. The daily fantasy sports (DFS) operator will become the official “Fantasy Sports” partner of the Staples Center home of LA pro sports franchises’ the LA Lakers, LA Clippers (NBA) and the …

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FanDuel secures $275 million with Google & Time Warner as Series E investors

Leading daily fantasy sports operator FanDuel has been valued at $1 billion, following its latest venture capital ‘Series E’ round of $275 million. The investment round was led by Venture Capitalist firm  Kohlberg Kravis Roberts (KKR), technology news sources report that new FanDuel investors include Time Warner and Google Capital (Source: Crunchbase). The $275 million comes less than 12 months …

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David Clifton – Licensing Expert – Will the fantasy sports explosion cross the Atlantic

Gambling  industry legal expert David Clifton, examines the fast growing US daily fantasy sports market, and considers whether Europe’s diverse regulatory conditions will allow for fantasy sports to gain  traction and new market entry Fantasy sports have exploded in a big way in the US. My inbox seems saturated with emails informing me that this is the fastest growing segment …

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Disney backs out of $250 million DraftKings funding

US business and technology news sources have reported that Walt Disney Co (Disney) has backed away from its proposed $250 million investment in daily fantasy sports operator DraftKings. Disney will continue its partnership with DraftKings by providing exclusive fantasy sports content through its sports media network ESPN. DraftKings management stated that the operator was pleased to continue its partnership with …

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DraftKings partners with ‘The Garden’

US daily fantasy sports operator Draftkings, continues its high level marketing expansion with the conformation of a multi-year marketing agreement with New York sports and entertainment venue Madison Square Garden Co. DraftKings will displace rival operator FanDuel as official fantasy sports partner of Madison Square Garden (MSG). The partnership will see the DaftKings brand promoted throughout the MSG venue, the …

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DraftKings forms media partnership NASCAR

US stock car racing league NASCAR has announced a three year exclusive media partnership with fantasy sports operator DraftKings. The partnership will see DarftKings become the official daily fantasy sports partner of NASCAR races, and will further see DraftKings’ brand, tournaments and special promotions throughout NASCAR circuits and race day events. DraftKings have further confirmed that it will develop a …

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Marc Pedersen – Fantasy the star at GIGSE and iGNA

Marc Pedersen, SBC News Affiliate Correspondent and Head of Sales at Better Collective, recently attended the industry’s two igaming shows in the US – Igaming North America and GIGSE. Here’s what he found out. What did you discover about the potential, or not, for sports betting in the US market going forward? Two major topics came to mind. One is …

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