Tag Archives: DraftKings

DraftKings Inc., the troubled daily fantasy sports (DFS) platform, has teamed up with sports data provider Opta to supply all its live soccer performance statistics. DraftKings has engaged Opta in order to enhance the customer experience of its soccer product, in anticipation of an upcoming expansion into new markets. One of the main features that has changed is the increase …

The Boston Business Journal reports that DraftKings is ‘quietly’ seeking to raise a further $200 million in investment. If the Boston based DFS operator achieves its target funding, the company will have an estimated $2 billion valuation according to VC research and intelligence firm PitchBook. In six rounds of venture funding DraftKings has raised $375 million in investment from a …

Dallas Cowboys franchise owner Jerry Jones has openly voiced support for the daily fantasy sports (DFS) industry, stating that DFS services would not compromise NFL operations or players. Jones an investor in operator DraftKings, defended his private investment in the DFS operator, stating “I don’t think DraftKings or [competitor] FanDuel in any way compromise our players on the football field …

US sports network ESPN, reports that the NCAA the governing body of college sports in the US, has prohibited DraftKings and FanDuel from advertising during its associated events. ESPN obtained a communication addressed to DraftKings CEO Jason Robins and FanDuel senior executives Christian Genetski (Chief Legal Officer) and Matt King (Chief Financial Officer) requesting the operator to stop TV advertising …

Nevada lawmakers ruled on Thursday that daily fantasy sports (DFS) operators would require a gaming license to operate their services in accordance with state regulations. The decision was approved by AG Burnett Chairman of the Nevada Gaming Control Board, who ordered all DFS operators to stop activity within the states borders and begin to apply for gaming licenses. Detailing the …

The Wall Street Journal (WSJ) has reported that the US Department of Justice has asked the FBI to form a preliminary investigation into US daily fantasy sports (DFS) operators. WSJ notes that the investigation will focus on US market leaders FanDuel and DraftKings. The Department of Justice is seeking to know whether DFS can be defined as a form of …

US sports network ESPN, has lifted its temporary suspension of DraftKings advertising throughout its channels, as all major US sports networks continue to promote fantasy sports services. This weekend the sports network resumed advertising coverage of DraftKings services, despite the operator’s ongoing employee data conflict allegations. ESPN a key partner for DraftKings, had publically announced that it had taken a …

Further bad news appears to have reached FanDuel and DraftKings operations, as US news sources report that aggrieved customers are planning to sue the operators for consumer negligence, following last week’s allegation of data breaches by employees. New York Daily News reported that Kentucky Daily Fantasy Sports (DFS) player Adam Johnson was the first plantiff against the operators, accusing them …

Following allegations of misuse of game data by employees, US sports network ESPN has pulled sponsorship slots promoting the DraftKings brand from its channels. The decision by ESPN to suspend advertising of DraftKings advertising sees a temporary break to its agreed $250 million ad-spend partnership which was announced in August ahead of the start of the 2015/16 NFL season. DraftKings data …

US daily fantasy sports (DFS) commentators and fans have called for stricter industry monitoring and regulation following allegations that employees at leading fantasy sports operators FanDuel and DraftKings were using insider data on rival DFS portals. The New York Times said that DraftKings employee Ethan Haskell (Content Manager) had inadvertently published NFL data regarding DraftKings biggest contest, The Millionaire Maker. The …