Caesars Entertainment signs on as official sponsor for DraftKings
Participating in this sponsorship deal:
About Sponsor:
Caesars Entertainment Corporation is an American public gaming corporation that owns and operates over 50 casinos, hotels, and seven golf courses under several brands. The company, based in Paradise, Nevada, is the largest gaming company in the world, with annual revenues of $8.9 billion . Caesars is owned by Hamlet Holdings, a joint venture of Apollo Global Management and Texas Pacific Group, with Blackstone Group holding a minority stake.
About Property:
DraftKings is a Boston, MA-based daily fantasy sports-contest service provider recognized as one of the leaders of the daily fantasy sports industry.[2] The company allows customers to enter daily and weekly fantasy sports-related contests and earn money based on individual player performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League soccer, NASCAR auto racing, Mixed Martial Arts (MMA), as well as American college football and college basketball.