DraftKings Rakes in $150 Million to Fuel Fantasy-Sports Biz

DraftKings, one of the top players in the booming daily fantasy-sports business that lets users win cash prizes, has closed $150 million in funding led by venture-capital firm Revolution Growth. Revolution Growth is led by AOL founder Steve Case, Donn Davis, former CEO of Exclusive Resorts; and Ted Leonsis, owner of the NHL’s Washington Capitals... Read more »

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