DraftKings
DraftKings Inc. is a digital sports entertainment and gaming company based in Boston, Massachusetts. Founded in 2011, it initially focused on daily fantasy sports contests for cash prizes across major sports in the United States and Canada. Following the 2018 Supreme Court ruling that allowed states to legalize online sports wagering, DraftKings expanded its offerings to include online sports betting and casino gaming. Currently, the company operates in 27 states for online or retail sports betting and in seven states for iGaming, reaching approximately 40% of Canada's population. In addition to its core gaming services, DraftKings designs and develops software for sports betting and casino gaming platforms, and it also manages a marketplace for non-fungible tokens.
Past deals in Gambling
Golden Nugget Online Gaming
Acquisition in 2021
Golden Nugget operates as both a luxury hotel and casino, and as an online gaming company. It provides a range of online gaming options, including Live Dealer and Live Casino Floor experiences, primarily within the regulated market of New Jersey. Customers can engage in their favorite casino games and place bets on live sports events. Additionally, Golden Nugget manages online gaming operations for certain third-party entities in New Jersey, generating revenue through royalties and cost reimbursement.
Vegas Stats & Information Network (VSiN)
Acquisition in 2021
Vegas Stats & Information Network is an American sports betting radio network and streaming television channel. Founded in 2017 by the family of sportscaster Brent Musburger, it broadcasts from studios at the South Point Casino and Circa Sportsbook in Las Vegas, Nevada.
SBTech
Acquisition in 2019
SBTech is a developer of advanced online sports betting and casino platforms, providing innovative solutions to over 50 partners globally. The company specializes in offering a seamless sportsbook and the chameleon360 gaming platform, which facilitates a range of managed services and omnichannel products. This comprehensive approach allows clients to deliver sports betting and casino experiences across various touchpoints, including online, mobile, and retail formats. SBTech's offerings are characterized by their exceptional configurability and are underpinned by strong business intelligence and reporting capabilities, enabling clients to achieve competitive advantages and rapid growth within the gaming market.
Draftstreet
Acquisition in 2014
Draftstreet.com is a destination where fantasy sports players can participate against anyone in the U.S., getting instant gratification on the various leagues they join by playing for cash. No longer do fantasy sports users have to play only against their friends and co-workers in private leagues, or go out and collect money if they had won a particular league. No longer does an injury to a first round pick ruin the whole fantasy season.Draftstreet.com has solved all of these and other shortcomings with this revolutionary product
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