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DraftKings closes on $300M funding round

Published in SportsBusiness Journal on 07 / 27 / 15

Daily fantasy sports giant DraftKings has closed on a $300 million Series D round of venture funding, valuing the company at more than $1 billion and extending a historic wave of investment into the space. Fox Sports led the round, joined by MLB, the NHL, MLS, Madison Square Garden and Legends Ho...

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Finance briefs

  Lightning owners clash The current and former owners of the Tampa Bay Lightning may be dropping the gloves in a Tampa courtroom soon. Palace Sports and Entertainment, headed by Detroit billionaire Bill Davidson, has said former Lightning owner Art Williams owes the ...

Tags: Action Performance Cos., Buffalo Bills, Colorado Avalanche, Finance, NBA, New Jersey Devils, New York Islanders, NHL, Palace Sports and Entertainment, Tampa Bay Lightning, Topps Co., YankeeNets

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