DraftKings secures $150M in funding amid legal battles Fantasy-sports company DraftKings closed the new fundingThursdayin an oversubscribed round that included Revolution Growth, the venture firm co-founded by sports magnate Ted Leonsis, according to CEO Jason Robins. Boston-based DraftKings and competitor FanDuel have faced legal battles over whether their fantasy sports sitesconstitute illegal gambling.(Advertising Age)
What happens when USA government turns off the ability to send & receive their site? This is like that poker internet few years ago and that didn't work out well for those companies.
Seems laws are changing in favor of DK and FD so looks like a good long-term investment, especially when they merge at some point.... http://fortune.com/2016/08/04/draftkings-fanduel-legal-new-york/