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DraftKings closes funding round; acquires rival StarStreet

26th August 2014 8:30 am GMT

Online fantasy sports provider DraftKings has announced the acquisition of rival operator StarStreet and the closing of a $41m Series C funding round which it says will further bolster its status as the largest US-based online destination for daily fantasy sports.

The acquisition of the principal assets of StarStreet for an undisclosed amount sees StarStreet customers being offered a 100 per cent balance transfer bonus for transferring their account to DraftKings, which is bolstering its fantasy [...]

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