Tag Archives: Boston

DraftKings appoints ‘tech financing pro’ Jason Park as new CFO

The governance of DraftKings Inc has confirmed the appointment of former Bain Capital executive Jason Park as new Chief Financial Officer (CFO), helping the company pursue its imminent US sports betting opportunities and interests. The executive appointment sees DraftKings restructure its corporate finance leadership, with current CFO incumbent Tim Dent transitioning to the executive position of Chief Compliance Officer (CCO). …

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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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FanDuel evaluating ‘all options’ on DraftKings merger

US Tech news sources are reporting that FanDuel governance is ‘evaluating its position’ with regards to its planned merger with main DFS market rival DraftKings. Last June the US Federal Trade Commission (FTC) blocked the combination of FanDuel-DraftKings on the grounds that a merged enterprise would control ‘+90% of the US fantasy sports market’, creating unfair business conditions for consumers, …

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FanDuel & DraftKings heading towards imminent merger

US tech news sources have reported that fierce daily fantasy sports (DFS) rivals FanDuel and DraftKings are heading towards an ‘imminent’ merger. Following a tough year of legal and regulatory battles for both operators, it has been reported this weekend that the leaderships of both firms are studying a potential merger to fully takeover the US DFS market. A FanDuel-DraftKings …

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AGA boosts public affairs arm with Erik Balsbaugh VP appointment

The American Gaming Association (AGA) has confirmed the appointment of Erik Balsbaugh as its new Vice President of Public Affairs. Balsbaugh a former Democrat advisor to Hilary Clinton and John Kerry will play a central role in spearheading US political focus towards changing federal laws relating to gambling and sports betting. The Washington veteran joins the AGA from Boston-based corporate …

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Draftkings looks to widen its appeal with Private League functionalities

US daily fantasy sports operator DraftKings has announced its new product update which features the release of ‘DraftKings Leagues’. Seeking to enhance its community and attract recreational DFS consumers, DraftKings Leagues will allow players to “Create leagues for you and your friends. Play in private contests in any sport all season long and track your results in your league’s exclusive …

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Jason Robins – ‘DraftKings needs to rethink its marketing message’

Speaking to Fortune Magazine Jason Robins CEO & Co-Founder of leading US daily fantasy sports operator DraftKings has stated that his company will need to “take a second look at its advertising”. As DraftKings looks to re-secure customer confidence following a string of legal battles in the US concerning its product legality and close association with sports betting. The DFS …

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US law firms file investor lawsuits against Amaya Inc

US law firms Wolf Haldenstein Adler Freeman & Herz LLP (New York) and Block & Leviton (Boston) have filed investor-led class action lawsuits against Amaya Inc. The lawsuits filed yesterday within US district courts, focus on the alleged investor misrepresentation of Amaya governance following the allegations of insider trading made against CEO and Founder David Baazov by Quebec securities regulator, Autorite …

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ESPN ends DraftKings advertising partnership

US news sources have reported that Walt Disney Company subsidiary ESPN has decided to end its advertising partnership with leading US daily fantasy sports operator DraftKings. ESPN governance decided to end its multi-content advertising contract, valued at an estimated $250 million with the Boston based DFS operator following a contract review. The broadcaster did not offer any official explanation for ending …

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