DraftKings, the daily fantasy sports website, was set to announce Monday that it had added $300 million in new investment to sustain its growth, marketing and planned international expansion. Fox Sports, the lead investor, will pay about $150 million for an estimated 11 percent of DraftKings, according to a person briefed on the terms of the transaction.
Over all, the fantasy sports company has raised $426 million, said Jason Robins, the chief executive.
The increased funding for DraftKings comes shortly after its chief daily fantasy sports rival, FanDuel, raised $275 million in additional funding.
“There are a lot of great investors out there,” Robins said.