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September 1, 2016

STATEMENT FROM DRAFTKINGS CEO JASON ROBINS ON CLOSING A NEW ROUND OF FUNDING – 9/1/2016

“I am excited to announce that DraftKings has closed a $150 million round of funding. The round was oversubscribed and participants include several new investors, such as Revolution Growth.

“Revolution Growth is a tremendous new partner for DraftKings, with an entrepreneurial outlook and spirit of innovation that meshes perfectly with the culture of our company. They also have deep expertise in sports, technology, and policy.

“We welcome Steve Murray of Revolution to our board of directors and look forward to working alongside him and the rest of the Revolution team to realize our vision of building a transformational global sports entertainment and technology platform.”

– Jason Robins, CEO

September 1, 2016