DraftKing‘s Big Backers $GOOGL, $KKR, $CMCSA
DraftKings has a more then a billion dollars.
High-profile investors poured money into DraftKing over the last few years, some of the biggest names on Wall St.
DraftKings raised $300 million from investors including Fox Sports, Major League Baseball, the National Hockey League, the Madison Square Garden Company, the Raine Group and Wellington Management. Around the same time, FanDuel raised $275 million from investors such as private equity firm KKR & Co LP (KKR), Google Capital and the venture arms of Time Warner Inc (TWX) and Comcast Corp (CMCSA).
DraftKings have hired former New York prosecutors for advice as scrutiny by regulators and law enforcement agencies intensifies.
DraftKings hired Morgan, Lewis and Bockius and reported spending $10,000 for the quarter, the company said in its lobbying disclosure filing.
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