DraftKings trying for more capital

News on 30 Oct 2015

Presumably feeling the pinch from fighting off negative perceptions generated by political and enforcement interest in its affairs whilst maintaining an aggressive player acquisition advertising strategy, daily fantasy sports operator DraftKings is reportedly seeking another $200 million in capital from investors.

The Boston Business Journal reported on the funding drive Thursday, noting that the company has in the past raised a total of $430 million.

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