DraftKings completes acquisition of Jackpocket to expand into the U.S. lottery vertical
Acquiring Company
DraftKings
Acquired Company
Jackpocket
BostonNew YorkOtherGamingSportsMobile AppsSoftwareDescription
DraftKings Inc. has successfully completed the acquisition of Jackpocket Inc., the leading digital lottery app in the United States. With this acquisition, DraftKings aims to tap into the expansive U.S. lottery vertical while enhancing its position in sportsbook and iGaming, with a focus on improving customer acquisition efficiency and driving sustained growth and value creation.
Quick answer
DraftKings is acquiring Jackpocket, announced May 23, 2024. DraftKings is based in Boston, Massachusetts, United States.
- How much did DraftKings pay for Jackpocket?
- The deal value was not disclosed.
- What does DraftKings do?
- DraftKings Inc. is a leading digital sports entertainment and gaming company founded in 2012 and headquartered in Boston.
- Where are DraftKings and Jackpocket based?
- DraftKings is based in Boston, Massachusetts, United States. Jackpocket is based in New York, New York, United States.
- Who are the decision-makers at DraftKings?
- Fundz holds 1 contact at DraftKings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Gaming and Sports
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Golden Matrix Group Inc. completes acquisition of MeridianBet Group to expand global footprint and increase revenues (April 9, 2024)
- Caesars Entertainment to bolster sports betting tech with acquisition of ZeroFlucs Group Pty Ltd (July 5, 2024)
- OV Entertainment Group Acquires Brazilian Studio Kokku Games and Argentinian Studio 3OGS to Expand Global Presence (June 26, 2024)
- MGM Resorts International to Acquire Tipico’s US Online Sports Betting Operations (June 24, 2024)
- Aristocrat Leisure Completes $1.2 Billion Acquisition of NeoGames to Enhance iGaming and iLottery Solutions, $1.2B (April 26, 2024)
- Aristocrat Leisure Limited to Acquire NeoGames S.A to Expand Global Gaming Solutions (April 18, 2024)
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Frequently asked
Who acquired Jackpocket?
Jackpocket was acquired by DraftKings, based in Boston. The deal was reported on May 28, 2024. DraftKings Inc. is a leading digital sports entertainment and gaming company founded in 2012 and headquartered in Boston. DraftKings is publicly traded (DKNG) and operates in Other.
When did DraftKings acquire Jackpocket?
DraftKings's acquisition of Jackpocket was reported on May 28, 2024. DraftKings Inc. has successfully completed the acquisition of Jackpocket Inc., the leading digital lottery app in the United States. With this acquisition, DraftKings aims to tap into the expansive U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Jackpocket do?
Jackpocket is on a mission to create a more convenient, fun, and responsible way to order lottery tickets right from your phone. We are the first licensed third-party app in the U.S. that provides an easy, secure way to order official state lottery tickets. It is privately held, operating in Software, and is based in New York.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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