Report: DraftKings to Acquire SBTech

Sun, Jul 7, 2019

DraftKings is reportedly close to acquiring online gaming and sports betting company SBTech. Details of the deal were not released but an acquisition would give the daily fantasy sports and sports-betting company its own in-house platform. The deal is likely to be worth $300 million to $500 million. DraftKings has also announced the launch of Flash Bet, a pro tennis product.

Report: DraftKings to Acquire SBTech

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