Sloan Sagansky SPACS

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Diamond Eagle Acquisition Corp., Led by Media Executive Jeff Sagansky and Founding Investor Harry Sloan, Announces Pricing of $400 million IPO
Business Wire Business WireMay 10, 2019
LOS ANGELES--(BUSINESS WIRE)--

Diamond Eagle Acquisition Corp. (DEACU), the fifth public acquisition vehicle led by media executive Jeff Sagansky and founding investor Harry Sloan, today announced the pricing of a $400 million initial public offering. Each unit issued in the initial public offering consists of one share of Class A common stock and one-third of one warrant to purchase one share of Class A common stock at an exercise price of $11.50 per whole share. The units will be listed on The Nasdaq Capital Market and trade under the ticker symbol “DEACU.” Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on The Nasdaq Capital Market under the symbols “DEAC” and “DEACW,” respectively.

Diamond Eagle Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Diamond Eagle’s efforts to identify a prospective initial business combination target will not be limited to a particular industry, sector or geographic region. While Diamond Eagle may pursue an initial business combination opportunity in any industry or sector, it intends to capitalize on the ability of its management team to identify, acquire and operate a business or businesses that can benefit from its management team’s established global relationships and operating experience. Diamond Eagle’s management team has extensive experience in identifying and executing strategic investments globally and has done so successfully in a number of sectors, including media and entertainment.

Diamond Eagle’s sponsor is Eagle Equity Partners, LLC, of which Mr. Sagansky is a Member. Joining him in the management of the company is President, Chief Financial Officer and Secretary, Eli Baker, who served as President, Chief Financial Officer and Secretary of one of Mr. Sagansky’s prior public acquisition vehicles, Vice President, General Counsel and Secretary of another of Mr. Sagansky’s prior public acquisition vehicles and as a director of another of Mr. Sagansky’s prior public acquisition vehicles. Harry E. Sloan, who co-led four prior public acquisition vehicles with Mr. Sagansky, is a founding investor in Diamond Eagle alongside the sponsor. Diamond Eagle’s sponsor and Mr. Sloan have severally committed, pursuant to a written agreement, to purchase an aggregate of 5,666,667 private placement warrants (or 6,366,667 private placement warrants, if the over-allotment option is exercised in full), each exercisable to purchase one share of Class A common stock at $11.50 per share, at a price of $1.50 per warrant, or $8,500,000 in the aggregate (or $9,550,000, if the over-allotment option is exercised in full), in a private placement that will occur simultaneously with the closing of this offering. Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC are acting as the representatives of the underwriters for the offering and Northland Capital Markets served as a manager.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Deutsche Bank Securities, 60 Wall Street, New York, NY 10005, Attn: Prospectus Group, telephone: [phone], or by emailing [e-mail]; or from Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, Attn: Prospectus Department, by telephone at 866-471-2526 or by emailing [e-mail].

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April 24, 2020

DraftKings Closes Business Combination and Will Begin Trading on the Nasdaq Stock Exchange

Investor Call Scheduled for Friday, April 24 at 8AM EDT

BOSTON, April 23, 2020 (GLOBE NEWSWIRE) — DraftKings Inc., a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, today announced that it has completed its business combination (the “Business Combination”) with SBTech (Global) Limited (“SBTech”), an international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition Corp. (“Diamond Eagle”) (Nasdaq: DEAC). The Business Combination, which was approved on April 23, 2020, by DEAC’s stockholders, creates the only vertically integrated pure-play sports betting and online gaming company based in the United States. Beginning April 24, 2020, DraftKings’ shares of Class A common stock will trade on the Nasdaq Global Select Market under the ticker symbol “DKNG” and its warrants will trade on Nasdaq under the ticker symbol “DKNGW”.

http://eagleinvestmentpartners.com/

---- Retail Sports Betting Begins September 30 with Foxwoods Resort Casino and DraftKings
2021-09-29 11:30:00 AM ET (GlobeNewswire)


The Mashantucket Pequot Tribal Nation and DraftKings Inc. (Nasdaq: DKNG) today announce retail sports betting in Connecticut will begin on September 30 at Foxwoods Resort Casino. Players will be able to place bets at the temporary DraftKings Sportsbook at Foxwoods - located at the Ultimate Race Book in Rainmaker Casino - in addition to betting kiosks located across the resort. Statewide, off-reservation online sports betting and iGaming is expected to launch in early October pending regulatory approvals.

The DraftKings Sportsbook at Foxwoods gives players the opportunity to place wagers on a variety of betting markets across professional and collegiate sports via kiosks and in-person. In the coming weeks, DraftKings and Foxwoods will announce the opening of their permanent retail sportsbook, currently in the final stages of construction.

"Today we celebrate a new era for our Mashantucket Pequot Tribal Nation, sports fans, Foxwoods guests and Connecticut residents," Rodney Butler, Mashantucket Pequot Tribal Chairman said. "We thank Governor Lamont and his administration, regulators, and the many lawmakers who helped pave the way for legal sports betting and expanded gaming in the state. Their collaboration and hard work has allowed trusted gaming operators like our Tribe and DraftKings to help lead innovation across Connecticut. With NFL season in full force, it's game on, and we look forward to a successful launch."

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