Caesars Entertainment’s Strategic Investment in SuperDraft Daily Fantasy


Loeb & Loeb LLP advised SuperDraft, Inc. on the deal.

Daily fantasy sports platform SuperDraft, Inc. obtained a strategic investment from Caesars Entertainment, Inc., the largest casino-entertainment company in the U.S.

SuperDraft has developed several unique game modes and features that appeal to both casual and hardcore sports fans and fantasy players. As part of the investment, SuperDraft will join Caesars’ online brands as part of a full slate of mobile and online gaming channels.

The Loeb & Loeb deal team was led by corporate partners Ann Chen and Steve Hurdle (Picture), with support from Ryan Austin, Amir Azaran, Marina Casani, Ryan Kashfian and Sarah Rubenstein Polak. Jeff Ifrah and Nicole Kardell of Ifrah Law provided gaming regulatory advice and guidance.

Involved fees earner: Ryan Austin – Loeb & Loeb Llp; Amir Azaran – Loeb & Loeb Llp; Marina Casani – Loeb & Loeb Llp; Ann Chen – Loeb & Loeb Llp; Steven Hurdle Jr – Loeb & Loeb Llp; Ryan Kashfian – Loeb & Loeb Llp; Sarah Rubenstein Polak – Loeb & Loeb Llp;

Law Firms: Loeb & Loeb Llp;

Clients: SuperDraft, Inc.;

Avatar

Author: Ambrogio Visconti