Breaking down the players, coaches and investors behind the Alliance of American Football.

Few VC-backed startups have weathered controversy like DraftKings. Now, with legalized sports gambling on the table in the US, the company is ready to thrive.

Irish bookmaking business Paddy Power Betfair has confirmed that its discussing a possible purchase of FanDuel, with Axios reporting a proposed price range of between $600 million and $700 million.

The US Supreme Court’s decision to allow states to legalize sports betting could provide a massive financial boost to fantasy sports companies.

DraftKings and FanDuel have called off their merger, announced in November 2016, after the US Federal Trade Commission moved to block the deal late last month.

You can’t get lucky if you don’t take a gamble. That’s perhaps the best explanation for the standout success of Shamrock Capital Growth Fund III.

Being the private market nerds that we are, a joke recently turned into a rather lively 15-minute dialogue on applying private equity practices to managing a fantasy football league.

Daily fantasy sports sites DraftKings and FanDuel, each valued at more than $1 billion with its most recent VC financing, are said to be eyeing a unicorn merger.

It may not be The Hunger Games, but the fight between daily fantasy sports (DFS) sites and the U.S. government may be catching fire. FanDuel, DraftKings and Yahoo are set for a showdown in court with New York attorney general Eric Schneiderman.

Venture investment in fantasy sports/online sports betting has been—for lack of a better analogy—a two-horse race the past few years, with rivals FanDuel and DraftKings having completed or nearing the finish line of mega-rounds at $1 billion+ valuations.