Monkey Tilt raises $30 million in push to make online gambling more social [Fortune]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Fortune
But as companies like Stake.com, FanDuel and DraftKings have gained popularity in recent years, investors are betting on the growing social aspect that has become part of many betting platforms. That includes Monkey Tilt, which combines entertainment with gambling, and on Wednesday announced it has raised $30 million in a Series A funding round led by Pantera Capital. Monkey Tilt is the brainchild of Las Vegas-native Sam Kiki, who has helped operate some of the largest casinos in the U.S and now hopes to use his expertise to take on the biggest players in online gambling. “I'm looking at the future as you log in and you're hanging out on the site for a few hours, talking to your friends. You're gambling together. You're having fun the same way you would in Vegas,” Kiki told Fortune Kiki views Monkey Tilt as an entertainment company as much as an online casino. He is hoping to develop a recognizable brand by partnering with celebrities and influencers to make content that drive
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- Monkey Tilt raises $30 million in push to make online gambling more social [Yahoo! Finance]Yahoo! Finance
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DKNG
Earnings
- 11/7/24 - Beat
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Sec Filings
- 11/15/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form 144
- DKNG's page on the SEC website