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Fantasy sports operator DraftKings announced Thursday that it has closed a $153 million round of funding with Revolution Growth, the venture capital firm co-founded by Ted Leonsis, owner of the Washington Wizards and Washington Capitals.The round of funding was oversubscribed and includes new investors in the daily fantasy giant, DraftKings CEO Jason Robins said in a statement. The valuation for the funding was not revealed, and the paperwork to complete the deal will be filed in the coming days.Revolution Growth is a tremendous new partner for DraftKings, with an entrepreneurial outlook and spirit of innovation that meshes perfectly with the culture of our company, Robins said in the statement. They also have deep expertise in sports, technology, and policy.SportsBusiness Journal first reported DraftKings deal with Revolution Growth.Its unclear how big a stake Revolution Growths investment has purchased in the privately held company. Industry research firm Eilers & Krejcik Gaming estimated the Revolution Growth funding was likely based on a valuation of around $1 billion.DraftKings valuation was estimated last year at almost $2 billion after a $300 million fundraising round in July 2015 but has since fallen considerably. In February, Fox, in a quarterly report, told investors it had marked down the value of its $160 million investment in DraftKings by about 60 percent.Online fantasy sports are just one of the many ways technology has disrupted the sports industry in recent years, Revolution Growth partner Steve Murray, who will join the DraftKings board of directors, said in a release. Building a business is never easy, especially one that is leading the creation of a new marketplace, but Revolution has the expertise to help entrepreneurs execute on their ideas, especially where sports and policy intersect.Last week, Outside the Lines reported on the daily fantasy industrys struggles since DraftKings and FanDuel blanketed airwaves a year ago with a $750 million advertising and marketing blitz.In the story, which also appears in the current edition of ESPN The Magazine, reporter Don Van Natta Jr. detailed how the companies remain unprofitable, with valuations cut by more than half, according to some estimates. ESPN also reported that both companies owed millions to lobbyists, lawyers and others and that DraftKings has tried to renegotiate contracts with vendors and reduce affiliates bonuses.The signing of a daily fantasy bill in New York last month eased some potential investors minds about the future of the young industry, ESPN reported.The reality is neither company was in a position to continue to operate without New York, said Jeremy Kudon, a lobbyist for the companies. They both needed for this to happen. When I had spoken to investors, everyone agreed on its importance. It was less a financial thing and almost a psychological thing. Theyd say, We wont believe this industry will survive unless New York happens. Hows that for pressure?A longtime lobbyist close to both companies told ESPN this week that a DraftKings-FanDuel merger is still likely. Rickard Rakell Ducks Jersey . Thats about all he can do right now, so hes trying not to think about when he might be able to play again for the Los Angeles Lakers. Ryan Kesler Jersey . -- Canadian Andrew Wiggins got the ball on the wing, made a nifty spin move and then let go with a soft floater from about 10 feet that swished through the net in Allen Fieldhouse. http://www.authenticduckspro.com/Ryan-getzlaf-ducks-jersey/ . In what the team had called a retirement, Ryan said Thursday that he is resigning as chief executive of the Rangers in a move effective at the end of this month. Scott Niedermayer Ducks Jersey . -- Most satisfying to Russ Smith about No. John Gibson Ducks Jersey . Vaives lawyer Trevor Whiffen claims the former 50-goal man wasnt provided with a copy of the claim beforehand and that he would not have agreed to the allegations made against the NHL had he been asked to review its contents. INDIANAPOLIS --?Los Angeles Lakers starting center Timofey Mozgov suffered multiple facial injuries in Tuesdays 115-108 loss to the Indiana Pacers at Bankers Life Fieldhouse. He was ruled out of Wednesdays game against the?Hawks?in Atlanta.Mozgov received four stitches following the game to repair a laceration in his mouth after taking an elbow to the face. He had a CT scan Wednesday in Atlanta to determine if he suffered an orbital fracture after being pokeed in the left eye.dddddddddddd The Lakers said results were inconclusive.?After Tuesdays game, Lakers coach Luke Walton remarked that Mozgovs swollen face made it appear as though he had been in a heavyweight fight.Mozgov finished with six points and five rebounds in about 19 minutes against the Pacers as the Lakers fell to 1-3. ' ' '