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Monday, April 6, 2015

Disney Invests $250 Million In Fantasy Sports Site That Lets You Bet Real Money

The Walt Disney Company has invested $250 million in DraftKings, a Boston startup that lets folks bet real money on fantasy sports games, reports The Wall Street Journal . Included in the deal is a reciprocal commitment for DraftKings to advertise a little more than $500 million on ESPN over the next few years, which was a major attraction, says The Wall Street Journal .

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