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DraftKings

DraftKings Appoints Marie Donoghue as Chief Business and Growth Officer

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DraftKings has appointed Marie Donoghue as its new chief business and growth officer.

Donoghue last served as Amazon’s vice president of global sports video. It was confirmed she was leaving the company earlier this month.

In her new role, Donoghue will play a key role in driving further growth for DraftKings as it explores new business opportunities. She will also be charged with spearheading various internal processes.

The decision to bring in Donoghue comes after DraftKings launched its 24/7 streaming network, DraftKings Network, on Samsung TV Plus last year as the company looks to branch out and expand its offering to customers. DraftKings now bills itself as a digital sports entertainment, gaming, and technology company.

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Donoghue, who is one of the most influential women in sports media, brings considerable broadcast pedigree. During her stint at Amazon, Prime Video landed various high-profile sports broadcast rights, including the National Football League’s (NFL) Thursday Night Football in an 11-year, $1 billion-a-season deal.

Prior to Amazon, Donoghue spent more than 18 years at ESPN, becoming executive vice president of global business and content strategy.

“I am thrilled to be joining DraftKings during this exciting phase and have long admired the organisation’s steady rise as an industry innovator. This is a special opportunity to expand on its industry-leading position and propel the company to new heights,” said Donoghue.

“We are delighted to welcome Marie Donoghue to our executive team and the immense wealth of experience she brings as a highly-regarded leader and trailblazer within our industry. Marie’s exceptional track record speaks for itself, and she is poised to be a transformative force in our company’s future success,” Jason Robins, chief executive and co-founder of DraftKings, said.

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Charlie Bernard

Legacy Fantasy Sports Launches On-Demand Daily Fantasy Sports and Wins Best Product Experience Award at the 2024 Fantasy Sports & Gaming Association Winter Conference

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Revolutionary fantasy sports platform comes to market in time to extend the football season for thousands following the Super Bowl

The Legacy Fantasy Sports team has re-branded the company with the launch of its all-new, revolutionary fantasy sports app titled On Demand Daily Fantasy Sports (ODDFS) and took home the award for Best Product Experience: Start-Up at the Fantasy Sports & Gaming Association (FSGA) Winter Conference in Las Vegas.

ODDFS is available in the App Store and on Google Play. The change is not only in name but is also more representative of the innovative and first of its kind platform that allows players to be able to create and play in a fantasy sports contest, anytime, 24/7/365 days per year at the snap of your fingers.

“We couldn’t be more thrilled to win the Best Product Experience award at the FSGA Winter Conference,” the co-founder of ODDSF, John Latella, said. “The ODDFS app is literally for everyone and was designed specifically with kids and families in mind. This is why it was important to keep it a non-gambling platform that appeals to casual and die-hard fantasy enthusiasts alike who still want to engage in fantasy sports when there are no ‘live’ sporting events available or their favorite sports season has come to an end.”

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As a social gaming fantasy sports app, ODDFS erases the limitations of traditional fantasy sports by allowing friends, co-workers, fans and family members of all ages to actively play in public contests or create their own daily fantasy sports (DFS) contests, no matter the sport, during times when no other platform can be active because there are no ‘live’ sporting events. With ODDFS, they can join or create a DFS contest 24/7/365, utilizing the players of today alongside the grinders, all stars and hall of famers that have stepped on the field over the last 20 years.

ODDFS proprietary technology allows fans to build a roster with players from today and legends of the past, extending each sport’s fantasy season from a few months to every day of the year. Create your roster with over 5,000 NFL players that have taken the field from 2000 to the present and over 30,000 players representing over 290 colleges and universities that have taken the field from 2013 to the present. Check out how we achieve this, as well as our revolutionary in-app functionality.

ODDFS unique in-app functionality includes social networking, weekly, monthly, yearly and all-time leaderboards for each sport, the DFS IQ, which provides the latest fantasy sports news in partnership with Fantasy Pros, customizable public and private leagues and a first-of-its-kind rewards program where users earn points based on the amount of contests that they play in that can be redeemed for in-app rewards.

“Winning this FSGA award is a thrilling achievement because we created ODDFS as a response to the lack of innovation and repetitive nature of the fantasy sports market,” the Chief Operating Officer for ODDFS, Ray Bonkowski, said. “The industry has been focused on sports betting and gambling, which we believe has left a large gap in the market. Our product was built to provide an option for new and existing fantasy sports fans during a period when ESPN, Yahoo, DraftKings, FanDuel and other operators cannot provide an NFL or college football DFS contest because there are no live games on the schedule.”

With over 350 million people playing fantasy sports worldwide, ODDFS believes that many of these are non-sports betting/non-gambling motivated and interested in playing whenever they want. Furthermore, in the United States alone there are 25 million people between the ages of 13 and 17 that currently cannot play DFS on any of the other platforms. We look forward to changing that with ODDFS. For media inquiries, affiliate and partnership opportunities and more information please contact Charlie Bernard at Charlie@ LegacyFantasySports. com.

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DraftKings

DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million

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DraftKings Inc. announced that it has reached an agreement to acquire Jackpocket, the leading lottery app* in the United States, for total consideration of approximately $750 million, with approximately 55 percent of the consideration payable in cash funded from the Company’s balance sheet with no capital raise required and approximately 45 percent of the consideration payable in the Company’s Class A common stock, subject to customary purchase price adjustments and the collar mechanism described below (the “Proposed Transaction”).

Jackpocket is the leading provider of digital lottery services in the U.S. with proprietary and highly-scalable technology, a strong brand, and an outstanding founder-led management team. The Proposed Transaction will enable DraftKings to access and grow into the massive U.S. lottery industry, but more importantly strengthen its position in Sportsbook and iGaming through higher customer lifetime value – based on demonstrated cross-sell capabilities – and an enhanced customer acquisition engine.

“We are very excited to enter the rapidly growing U.S. digital lottery vertical with our acquisition of Jackpocket,” said Jason Robins, Co-founder and CEO of DraftKings. “This transaction will create significant value for DraftKings not only by giving our customers another differentiated product to enjoy but also by improving our overall marketing efficiency similar to how our daily fantasy sports database created an advantage for DraftKings in OSB and iGaming.”

“Together with DraftKings, we will be able to bring tremendous value to our customer base as we advance our mission to create a more convenient, fun, and responsible way to take part in the lottery,” said Peter Sullivan, CEO of Jackpocket. “DraftKings’ broad footprint and exceptional mobile products present an opportunity to meaningfully expand the digital lottery vertical, and we could not be more excited to come together with DraftKings.”

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BetMGM

BetMGM to Reportedly Partner With X, Feature Sports Betting Odds on Social Media Platform

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BetMGM is about to have a large presence on a popular social media platform. The sports betting operator is partnering with X, formerly Twitter, according to reports.

BetMGM will provide an odds feature on X and direct links to the online sportsbook to the Elon Musk-owned platform.

While the specific financial terms of the potential partnership remain undisclosed, the collaboration aligns with the companies’ interests, especially considering the upcoming NFL Super Bowl, just two weeks away.

BetMGM has more than 310 million followers on X already, and the network is a haven for bettors to share picks, show bets, and discuss sporting events, including popular ones like the Super Bowl.

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BetMGM, live in more than 20 U.S. jurisdictions, is the third-largest sportsbook operator behind FanDuel and DraftKings with a market share of 18%.

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