Tag Archives: Jason Robins

DraftKings seeks + $150m funding round to drive new betting vision

US news source Axios has reported that DFS operator DraftKings targets a further $150-200 million funding round, seeking to accelerate its US sports betting proposition. The news of DraftKings’ planned funding round, comes as the Boston-based enterprise, today confirms that it has officially filed its application for a New Jersey state sports betting license. Furthermore, this June saw DraftKings announce …

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Rumour Mill: Kindred Group eyes DraftKings for instant US entry

Seeking to gain an instant foothold within the US sports betting market, Stockholm-listed European online gambling operator Kindred Group Plc is reported to be eyeing DraftKings as its next acquisition target. This weekend, US betting news source LegalSportsReport.com (LSR) reported Kindred governance’s interest in acquiring ‘big 2’ daily fantasy sports operator DraftKings. Kindred’s rumoured interest in DraftKings, follows last month’s …

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DraftKings gears up for full Australia launch

Leading daily fantasy sports operator DraftKings has launched its Australian enterprise, continuing its corporate expansion beyond its home US marketplace. Planning to fully launch its Australian DFS product during Q2 2018, DraftKings will operate under a Northern Territory Racing Commission – NTRC license. At present, DraftKings leadership remains quiet with regards to its upcoming Australian DFS proposition, and what sports …

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DraftKings hires Sean Hurley to deliver first sportsbook property

Boston-based daily fantasy sports operator DraftKings has signalled its intent to diversify its services by hiring Sean Hurley as its first-ever Head of Sportsbook. Hurley joins DraftKings from betting and trading platform provider Amelco Ltd, where he most recently served as Head of Commercial operations (2017-2018), and will be tasked with delivering DraftKings’ initial online sportsbook property. Hurley will join …

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DraftKings steps into the World of live sports streaming

Sports-tech and media company, DraftKings has announced it is venturing into the world of live sports streaming through its newly-formed partnership with Euroleague Basketball. As a result of the deal, customers will be able to stream selected Turkish Airlines EuroLeague basketball games directly through their DraftKings mobile app, as well as utilising both fantasy contests and live content. The announcement …

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DraftKings appoints R. Stanton Dodge as legal lead

US daily fantasy sports operator DraftKings continues its executive team restructure, confirming the appointment of R. Stanton Dodge as its new Chief Legal Officer (CLO). A seasoned US media legal expert, Dodge joins DraftKings leadership team from telecommunications services provider DISH Networks where he serves as Group General Counsel. Dodge joins DraftKings, as the DFS operator seeks to bring new …

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DraftKings appoints Ezra Kucharz to new role of Chief Business Officer

Expanding its commercial arm, US daily fantasy sports operator DraftKings has confirmed the appointment of Ezra Kucharz to the newly created position of Chief Business Officer (CBO). Kucharz will take leadership of all DraftKings commercial disciplines; overseeing business development initiatives and strategy, commercial planning and advertising sales. A tech commercial development veteran, Kucharz joins DraftKings’ executive team having previously led …

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No Go! FanDuel & DraftKings pull out of merger

The governances of leading US daily fantasy sports operators’ FanDuel and DraftKings have issued statements confirming that their planned merger has been called off. The prospects of creating an ‘outright DFS market leader’ had hit a roadblock last June when the US Federal Trade Commission (FTC) detailed that it could not recommend the FanDuel-DraftKings merger as the combination would control …

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US FTC moves to block FanDuel-DraftKings merger

The US Federal Trade Commission (FTC) has dealt a severe blow for the planned merger of leading daily fantasy sports operators FanDuel and DraftKings, filing an official lawsuit against the formation of a new company. Last week, US Tech news sources reported that FTC officials may have concerns on the combination of FanDuel-DraftKings, which would see one player takeover a …

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FanDuel-DraftKings +80% market take-up concerns US FTC

US Tech news sources have reported that the planned merger of FanDuel and DraftKings maybe be denied by the US Federal Trade Commission (FTC), on grounds that the combination would form an outright leader with more than 80% of the daily fantasy sports market. FTC officials are reported to have shown concern that the FanDuel-DraftKings combination would lead to a …

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