The investors are thinking twice about pouring money into fantasy sports companies such as DraftKings as scrutiny by US state policymakers continues to intensify.

With the latest round of funding, DraftKings has reportedly raised about $70 million from investors, a sharp drop from previous investment rounds, said The Boston Globe.

According to two people briefed on the terms, investors did not assign a fixed valuation to the company on the most recent funding round, just like what happened in October when it raised $200 million.

The new investment round is also the one that prompted the Twenty-First Century Fox Inc. to mark down the value of its $160 million investment in DraftKings Inc. by about 60%, “based on information concerning DraftKings’ current valuation in a recent financing transaction.”