SuperDraft has received $30m from Caesars Entertainment, which will add the company's daily fantasy game to its stable of online games.

Casino operator Caesars Entertainment invested an amount indicated by a regulatory filing to be $30m in US-based daily fantasy sports operator SuperDraft last month.

SuperDraft runs a daily fantasy game spanning seven sports that eschews the traditional salary cap model in favour of a ‘multiplier’ option.

The company’s platform will be added to the range of mobile games offered by Caesars, which has secured a minority stake along with the option to fully acquire the company at a later date.…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.