$SING VCs and major media companies have bet big o

$SING VCs and major media companies have bet big on companies like FanDuel and DraftKings, investing over $300 million into each company over the last year. FanDuel has raised $361 million from media companies like Comcast Ventures, NBC Sports, and Time Warner Investments. Not to be outdone, rival DraftKings has raised $375 million total, including a $300 million round led by Fox Sports.

http://finance.yahoo.com/news/singlepoint-acq...00527.html

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