Daily fantasy sports is more than a game

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CBS News By: Jonathan Berr Many fantasy sports enthusiasts are no longer satisfied with winning bragging rights from their friends. Now they’re increasingly vying for cash prizes from leagues that don’t require them to wait an entire season to get a payout. And the surging popularity of daily fantasy leagues run by DraftKings and FanDuel has caught the attention of … Read More

DraftKings Raises $41 Million to Make Fantasy Sports a Daily Habit

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The Wall Street Journal By: Lora Kolodny DraftKings Inc. has raised $41 million in new venture funding to grow its daily fantasy sports business in the U.S. The Boston startup plans to add new sports to its platform and increase the winnings and prizes it pays out each month to its app and website users. The Raine Group led the … Read More

Lost a Fantasy Game? Try Again Tomorrow

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The New York Times By: Joe Drape BOSTON — As with many start-ups, the idea was born from trivia that suddenly did not seem so useless — the statistics of professional athletes. Even in his youth, Jason Robins was in touch with his inner Billy Beane, drafting and trading baseball players in fantasy sports leagues. He was a marketing professional … Read More