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Disney invests $250M in online fantasy sports startup DraftKings, claims report

  • Posted byby Dean Takahashi
  • Updated
  • 1 min

Disney said today that it is investing $250 million in online fantasy sports startup DraftKings, according to a report citing confidential sources.

That investment creates a huge moment for the online fantasy sports business, which has been booming with lots of startups, plenty of investments, and a surge in customers as this hobby goes social and mobile.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.