DFS

FanDuel to raise new funds following merger roadblock

Operator reportedly looking to spend on advertising ahead of new NFL season

FanDuel is preparing for a new round of fundraising following the Federal Trade Commission’s (FTC) decision to block its merger with DraftKings. According to sources cited by the Sunday Times, the company is looking for new cash to spend on advertising ahead of the forthcoming NFL season now the merger is looking unlikely. “It could…

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