Benzinga | Nov 17, 2021 01:50PM EST

DraftKings Inks Deal With Lifestyle Platform FaZe Clan

* DraftKings Inc (NASDAQ:DKNG) has entered a deal with FaZe Clan, becoming the Official Sports Betting, iGaming, Daily Fantasy, and Free-to-Play Partner of the gaming, lifestyle, and media platform.

* Upcoming content activations will feature several FaZe Clan content creators, including FaZe Adapt, FaZe Temperrr, FaZe Nate Hill, FaZe Swagg, Nuke Squad, and more.

* DraftKings will appear across FaZe's digital content ecosystem, including custom content, livestream, and tournament events.

* The deal will also increase DraftKings' presence in esports, becoming the official sponsor of FaZe Clan's Counter-Strike esports team.

* Price Action: DKNG shares are trading lower by 3.28% at $37.99 on the last check Wednesday.