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    <lastBuildDate>Tue, 18 Sep 2018 00:00:00 GMT</lastBuildDate>
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      <title>What's up with that VC-backed football league?</title>
      <link>https://pitchbook.com/news/articles/whats-up-with-that-vc-backed-football-league</link>
      <description>Breaking down the players, coaches and investors behind the Alliance of American Football.</description>
      <pubDate>Tue, 18 Sep 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/whats-up-with-that-vc-backed-football-league</guid>
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      <title>DraftKings sitting pretty after Supreme Court ruling</title>
      <link>https://pitchbook.com/news/articles/draftkings-sitting-pretty-after-supreme-court-ruling</link>
      <description>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.</description>
      <pubDate>Fri, 07 Sep 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/draftkings-sitting-pretty-after-supreme-court-ruling</guid>
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      <title>FanDuel could capitalize on gambling ruling with $700M merger</title>
      <link>https://pitchbook.com/news/articles/fanduel-could-capitalize-on-gambling-ruling-with-700m-merger</link>
      <description>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.</description>
      <pubDate>Wed, 16 May 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/fanduel-could-capitalize-on-gambling-ruling-with-700m-merger</guid>
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      <title>DraftKings, FanDuel hit jackpot as Supreme Court opens door to sports betting</title>
      <link>https://pitchbook.com/news/articles/draftkings-fanduel-hit-jackpot-as-supreme-court-opens-door-to-sports-betting</link>
      <description>The US Supreme Court's decision to allow states to legalize sports betting could provide a massive financial boost to fantasy sports companies.</description>
      <pubDate>Mon, 14 May 2018 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/draftkings-fanduel-hit-jackpot-as-supreme-court-opens-door-to-sports-betting</guid>
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      <title>DraftKings, FanDuel merger just fantasy after all</title>
      <link>https://pitchbook.com/news/articles/draftkings-fanduel-merger-just-fantasy-after-all</link>
      <description>DraftKings and FanDuel have called off their merger, first announced in November 2016, after the US Federal Trade Commission moved to block the deal late last month.</description>
      <pubDate>Thu, 13 Jul 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/draftkings-fanduel-merger-just-fantasy-after-all</guid>
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      <title>Luck of the Irish: Shamrock Capital and the 146% IRR</title>
      <link>https://pitchbook.com/news/articles/luck-of-the-irish-shamrock-capital-and-the-146-irr</link>
      <description>​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.</description>
      <pubDate>Thu, 16 Mar 2017 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/luck-of-the-irish-shamrock-capital-and-the-146-irr</guid>
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      <title>Applying PE practices to fantasy football</title>
      <link>https://pitchbook.com/news/articles/applying-pe-practices-to-fantasy-football</link>
      <description>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.</description>
      <pubDate>Thu, 08 Sep 2016 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/applying-pe-practices-to-fantasy-football</guid>
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      <title>DraftKings, FanDuel rumored to be eyeing merger</title>
      <link>https://pitchbook.com/news/articles/draftkings-fanduel-rumored-to-be-eyeing-merger</link>
      <description>FanDuel and DraftKings, which were each valued at more than $1 billion with their most recent VC financing, are said to be eyeing a unicorn merger.</description>
      <pubDate>Mon, 13 Jun 2016 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/draftkings-fanduel-rumored-to-be-eyeing-merger</guid>
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      <title>Updated: Legal battle over daily fantasy sports catching fire</title>
      <link>https://pitchbook.com/news/articles/legal-battle-over-daily-fantasy-sports-catching-fire</link>
      <description>Daily fantasy sports are in for a long legal fight to prove they aren't the same as gambling.</description>
      <pubDate>Fri, 11 Dec 2015 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/legal-battle-over-daily-fantasy-sports-catching-fire</guid>
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      <title>It’s no fantasy: VCs wagering heavily on FanDuel, DraftKings</title>
      <link>https://pitchbook.com/news/articles/its-no-fantasy-vcs-wagering-heavily-on-fanduel-draftkings</link>
      <description>FanDuel and DraftKings have almost exclusively led a surge of venture investment in fantasy sports/online sports betting.</description>
      <pubDate>Fri, 17 Jul 2015 00:00:00 GMT</pubDate>
      <guid>https://pitchbook.com/news/articles/its-no-fantasy-vcs-wagering-heavily-on-fanduel-draftkings</guid>
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