One of the biggest players in the sports betting business in Ohio, and nationally, late Thursday announced a $750 million deal that could grow its business.
DraftKings Inc. announced that it has reached an agreement to acquire Jackpocket, a leading lottery app.
The proposed transaction, according to the announcement, will enable DraftKings to access and grow into the lottery industry, but also strengthen its position in sports gaming.
“We are very excited to enter the rapidly growing U.S. digital lottery vertical with our acquisition of Jackpocket,” said Jason Robins, co-founder and CEO of DraftKings.
