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Report: ESPN's advertising deal with DraftKings ends

ESPN's exclusive advertising deal with embattled daily fantasy sports operator DraftKings has ended, according to a report published Tuesday by Yahoo! Finance.

ESPN and DraftKings reached an exclusive agreement in June that made DraftKings the official daily fantasy sports offering across ESPN's platforms.

An ESPN spokesman had no comment on Tuesday's report. DraftKings also said it would not comment on the report.

It would be the latest blow to the daily fantasy industry, which is embroiled in a legal battle with New York Attorney General Eric Schneiderman to remain open in the Empire State and reportedly is under investigation by the FBI and a Florida grand jury.

Attorneys general in Hawaii, Illinois, Mississippi, Texas and Vermont also have released opinions stating that daily fantasy violates state gambling laws.

Payment processor Vantiv recently announced it was leaving the daily fantasy space, and Citigroup said last week it would begin blocking debit and credit card transactions at DraftKings and FanDuel in New York.

However, a growing number of states, as many as 21, are pursuing legislative remedies with bills that would exempt fantasy sports from gambling laws and provide consumer protections and regulations.

In a funding round that concluded in July 2015, Fox ultimately took a reported 11 percent share in DraftKings for approximately $160 million in cash. The round pushed DraftKings' valuation to $1.2 billion.

But on Tuesday, in a filing with the Securities and Exchange Commission, Fox said that "based on information concerning DraftKings valuation in a recent funding transaction, (Fox) determined that a portion of its investment in DraftKings was impaired and recorded a loss of approximately $95 million."

How the information Fox provided affects the valuation of the company at large is unknown. DraftKings spokesperson Sabrina Macias said Tuesday that company officials don't comment on funding.

Information from ESPN's Darren Rovell was used in this report.