Been seeing reports of DraftKings possibly having interest in acquiring BetRivers. Wondered what others thought about this.
BetRivers seemed to finally just have a positive quarter and turned some heads with that performance. Not sure how it really helps DraftKings to acquire BetRivers as I’m sure it’s mostly the same customers they already have.
Also, DraftKings would be paying a higher premium at this point for BetRivers than they could have a while ago. Wonder if this is a move to just prevent another company (Fanatics, for example) from expanding more.
BetRivers seemed to finally just have a positive quarter and turned some heads with that performance. Not sure how it really helps DraftKings to acquire BetRivers as I’m sure it’s mostly the same customers they already have.
Also, DraftKings would be paying a higher premium at this point for BetRivers than they could have a while ago. Wonder if this is a move to just prevent another company (Fanatics, for example) from expanding more.