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”DraftKings’ stock offering:In addition to becoming the official fantasy sports partner and official sports betting partner of the National Football League’s (NFL) Philadelphia Eagles earlier this month, DraftKings announced it is set to raise a further 0m from a new share placement, with 32 million new shares to be made available at a public offering price of .Product reach:Chief Business Officer for DraftKings, Ezra Kucharz commented on the new partnership in a statement in the official press release…“Regulated betting is quickly becoming a fixture of modern sports entertainment, and this collaboration with Turner Sports further scales the reach of our products and content to engage fans. Wins are hot like lava and if you earn a prize, the game lets you re-spin for even more opportunities to win!Get to Know HyperburstWhen you spin the reels of this new online slot game, you can win a prize by landing three or more identical symbols on a payline....
Content provision:Excluding National Basketball Association (NBA) programming, the deal with DraftKings will see it provide sports betting information and daily fantasy sports content across Turner Sports telecasts and Bleacher Report digital channels, to include the sports news site’s new (B/R) app, available for download on the Apple App Store and Google Play.In a company press release, Chief Marketing Officer for FanDuel, Mike Raffensperger, said…“Together, FanDuel and Turner Sports are bringing viewership to the next level by offering exclusive sports betting content that’s directly integrated into their NBA programming. The Massachusetts company reportedly intends to use the net proceeds received from the offering for general corporate purposes....
Their medium aligns with the DraftKings’ brand and we look forward to delivering a seamless experience for readers and viewers while also broadening our visibility.“Turner Sports platforms provide exceptional content as they continually captivate sports audiences.Included in the planned integrations are custom content segments, DraftKings’ betting odds and daily fantasy statistics, original content, personalized automated alerts and editorial on Bleacher Report channels....
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