“Jason Robins, co-founder and chief executive officer at DraftKings, talks about regulation of fantasy sports, increased competition and the prospect of mergers, and gains in revenue and participation heading into the new NFL season. He speaks with Bloomberg’s David Westin on “Bloomberg ‹GO›.” Click here for video.
By Dan Primack “Fantasy sports site gets capital boost, just before the new NFL season kicks off. DraftKings, the controversial daily fantasy sports site, has raised $153 million in new venture capital funding, Fortunehas learned. New investors include Revolution Growth, an investment firm co-founded by Washington Capitals and Washington Wizards […]
By Curt Woodward, Globe Staff “Last fall, flush with $500 million in venture capital, DraftKings Inc. burst onto the national scene with an inescapable ad campaign tied to the National Football League’s kickoff. What a difference a year makes. Chastened by battles with officials in multiple states that threatened to […]