October 30, 2015
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 …
Read More »October 28, 2015
The Fantasy Sports Trade Association (FSTA), which has represented the US fantasy sports industry since 1998, announced that it will form the Fantasy Sports Control Agency (FSCA) and appoint Former Acting U.S. Secretary of Labor Seth D. Harris to chair the independent agency. The FSCA will aim to create the following standards and practices for the industry: Standards: Develop a …
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