Daily fantasy sports operator DraftKings is expected to announce today the raising of $300 million in a new round led by Fox Sports.  The new raise will increase overall third party investment in DraftKings to $426 million.  It comes on the heels of its chief rival FanDuel completing a Series E round of financing for $275 million and firmly puts numbers 1 and 2 in the daily fantasy world at a distance from other competitors in the space when it comes to raising capital and forging key corporate relationships.

from Forbes – Tech http://ift.tt/1Ktl9cm
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