SEC Form SC 13G/A filed

---

☐

Rule 13d-1(b)

⌧

Rule 13d-1(c)

☐

Rule 13d-1(d)

EXPLANATORY NOTE

This Schedule 13G/A constitutes Amendment No. 1 (“Amendment No. 1”) to and amends and supplements the prior statement on Schedule 13G as filed on April 30, 2020 (the “Schedule 13G”), relating to the Class A common stock, par value $0.0001, of DraftKings Inc., a Nevada corporation (the “Issuer”). Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Scheduled 13G.

Item 1(a).

Name of Issuer

DraftKings Inc.

		222 Berkeley Street, 5th Floor, Boston, MA, 02116

Item 2(a).

Name of Person Filing

The Walt Disney Company TWDC Enterprises 18 Corp. Disney Enterprises, Inc. TFCF Corporation TFCF America, Inc. TFCF Sports Enterprises LLC   TFCF Sports Enterprises LLC is the direct holder of the shares of Class A Common Stock reflected in this Schedule 13G.  TFCF Sports Enterprises LLC is a wholly owned subsidiary of TFCF America, Inc., which is a wholly owned subsidiary of TFCF Corporation, which is a wholly owned subsidiary of Disney Enterprises, Inc., which is a wholly owned subsidiary of TWDC Enterprises 18 Corp., which is a wholly owned subsidiary of The Walt Disney Company.

The Walt Disney Company - 500 South Buena Vista Street; Burbank, California 91521 TWDC Enterprises 18 Corp. - 500 South Buena Vista Street; Burbank, California 91521 Disney Enterprises, Inc. - 500 South Buena Vista Street; Burbank, California 91521 TFCF Corporation - 1211 Avenue of the Americas; New York, NY 10036 TFCF America, Inc. - 1211 Avenue of the Americas; New York, NY 10036 TFCF Sports Enterprises LLC - 500 South Buena Vista Street; Burbank, California 91521

Each Reporting Person - Delaware

Class A Common Stock, par value $0.0001

26142R104

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

	(a)	☐	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
	(b)	☐	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
	(c)	☐	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
	(d)	☐	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
	(e)	☐	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
	(f)	☐	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
	(g)	☐	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
	(h)	☐	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	☐	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
	(j)	☐	A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);
	(k)	☐	Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J), please specify the type of institution:____________________________

Item 4.	Ownership
	Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

	(a)	Amount beneficially owned:   18,718,527(1)
	(b)	Percent of class:   4.8%(2)
	(c)	Number of shares as to which the person has:
		(i)	Sole power to vote or to direct the vote   0
		(ii)	Shared power to vote or to direct the vote   18,718,527(1)
		(iii)	Sole power to dispose or to direct the disposition of   0
		(iv)	Shared power to dispose or to direct the disposition of   18,718,527(1)

Item 5.	Ownership of Five Percent or Less of a Class
	If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ⌧.

Item 6.	Ownership of More than Five Percent on Behalf of Another Person
	Not applicable

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
	Not applicable

Item 8.	Identification and Classification of Members of the Group
	Not applicable

Item 9.	Notice of Dissolution of Group
	Not applicable

Item 10.	Certification
	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 10, 2021