“With the full integration of SBTech’s technology and innovative product expertise coupled with the right capitalization, DraftKings will be in a great position to continue its ambitious expansion plans in the United States,” Harry E.
The move comes more than two years after the online sports gaming company scrapped plans to merge with FanDuel, another major player in the daily fantasy sports market.ĭraftKings will combine with Diamond Eagle Acquisition Corp., a blank-check company that is already publicly traded, and gaming technology firm SBTech to create the nation’s only vertically integrated “pure-play” sports betting and online gaming firm, according to a press release. Michael Jordan is the richest basketball player in history as his net worth climbs to $3.5 billionįanatics agrees to $225 million deal to purchase PointsBet US betting businessĭraftKings, Fanatics vie for PointsBet - 2 years after scrapping $48B merger: sourcesĭraftKings will go public next year through a $3.3 billion merger with two other firms, the company announced Monday. DraftKings apologizes for exploiting 9/11 anniversary by encouraging customers to bet on NY sports teams
