Venture Capital Fund Raises $10 Million For Investments In Sports Betting, Online Gambling Technology Companies [Forbes]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Forbes
Investor Emanuel R. Pearlman poses for a portrait in Los Angeles. Pearlman is on the advisory board... [+]for Sharp Alpha Fund I, a venture capital fund that's investing in sports betting and online gambling technology companies. (Photo by Ann Johansson/Corbis via Getty Images)In early 2018, Lloyd Danzig thought he would someday accept a job as a quantitative trader for a leading hedge fund or investment manager, a role that seemed like a natural fit considering his academic and professional background. After all, Danzig had earned an undergraduate degree in economics at the University of Pennsylvania and a graduate degree in computer science at Columbia University. And he had experience working as a fixed-income trader and data scientist.Still, Danzig’s career path changed in May 2018 when the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act of 1992, helping to pave the way for legalized online sports gambling. It also led to Danzig changing his career
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DKNG
News
- DraftKings (DKNG) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Sports leagues thought they hit the jackpot by partnering with the betting industry–but gambling scandals are turning Americans against them [Fortune]Fortune
- Zurich Classic of New Orleans 2024 odds, course history and expert picks to win [USA TODAY]USA TODAY
- DraftKings (DKNG) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 2/15/24 - Beat
DKNG
Sec Filings
- 4/22/24 - Form 144
- 4/16/24 - Form PX14A6G
- 4/3/24 - Form 4
- DKNG's page on the SEC website