..

DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015

Written by:
Aaron Goldstein
Published on:
Jul/27/2015
DraftKings, FanDuel to Reward Billions in Contest Prize Money in 2015

Leading Daily Fantasy Sports sites Draftkings and FanDuel are prepared to dole out billions in prize money this year.

The news comes as DraftKings announced it had secured another $300 million in funding on Monday. 

The financing round includes investments from Fox Sports, Major League Baseball, the NHL and Major League Soccer, as well as Legends Hospitality (owned by the New York Yankees and Dallas Cowboys) and The Madison Square Garden Company (owner of the Knicks and Rangers). The Kraft Group, which owns the New England Patriots and Revolution, invested in a prior round.

DraftKings says it will reward $1 billion in prize money.  FanDuel says it will reward $2 billion. 

FanDuel has raised $363 million from the likes of global investment firm KKR and Google Capital, as well as media partners Time Warner, NBC Sports Ventures and Comcast Ventures. FanDuel also has some NFL investors, but it has not disclosed who they are.

- Aaron Goldstein, Gambling911.com

Gambling News

Can I Bet on Caesars Sportsbook From Oklahoma?

Can I Bet on Caesars Sportsbook From Oklahoma?

You cannot bet on the Caesars Sportsbook app from Oklahoma, however, there are alternatives that include BetAdrian, which offers a generous welcome bonus (max bonus $2500) and a FREE $20 NO DEPOSIT BET.

Should I Fade the Patriots Against The Jets? October 24 Game Has New England Seeing 92% of Action

One of the biggest public favorites of the week is the New England Patriots facing off against the dreadful New York Jets.  In fact, some 90% of the spread bets were coming in on the Pats.

How to Resolve a Complaint With DraftKings in Connecticut

How to Resolve a Complaint With DraftKings in Connecticut

It's only been a week but one SportsBookReview player is already complaining that his account has been blocked by DraftKings in Connecticut....and there is more.  He is also saying they won't honor a promo.

Conor McGregor Responds to Tony Ferguson Accusations of PED Use With Death Threat

Conor McGregor Responds to Tony Ferguson Accusations of PED Use With Death Threat

Tony Ferguson is doing a good job of getting under Conor McGregor's skin apparently.  On Friday, he accused the former two-division UFC champ of taking human growth hormones.

Friday Night's Betting Action - October 22, 2021

Friday Night's Betting Action - October 22, 2021

Here is the action report for tonight's (October 22, 2021) CFB, MLB and NBA nationally-televised games

Syndicate