DraftKings Mergers and Acquisitions Summary

GamingCompany

DraftKings has acquired 3 companies, including 3 in the last 5 years.

DraftKings’ largest acquisition to date was in 2021, when it acquired Golden Nugget Online Gaming for $1.6B. DraftKings has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include gaming (67%) and software (34%).

Join Mergr and gain access to DraftKings’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the gaming sector.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Advisors 2

DraftKings

DraftKings, Inc.

225 Franklin Street, 26th Floor,
Boston, Massachusetts 02110
United States,
(617) 986-6744
www.draftkings.com

DraftKings is a US-based online gaming destination where players engage in daily fantasy sports competitions across fantasy football, baseball, golf, basketball, hockey, and college football and basketball. DraftKings was founded in 2011 and is based in Boston, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.6/yr) # - - 1 - 2 - 3
vol $1.6B $1.6B
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Golden Nugget Online Gaming, Inc. 2021-08-09 1.6B USD Add-on Acquisition
Houston, Texas · www.goldennuggetcasino.com
Blue Ribbon Software Ltd. 2021-04-05 - Add-on Acquisition
Tel Aviv-Yafo, Israel · www.bluerbn.com
SBTech Malta Limited 2019-12-23 - Merger
London, United Kingdom · www.sbtech.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Gaming 2 (67%) 1.6B (100%) - -
Software 1 (33%) - - -
Total 3 $1.6B - -

By Geo

State/Country Buy Value Sell Value
Israel 1 - - -
United Kingdom 1 - - -
United States 1 1.6B - -
  Texas 1 1.6B - -
Domestic 1 (33%) 1.6B (100%) - -
Cross-border 2 (67%) - - -
Total 3 $1.6B - -

Top M&A Advisors

Financial Deals
The Raine Group LLC
 1
Legal Deals
Sullivan & Cromwell LLP
 1

Deal Values

buy # Total
> $1B 1 $1.6B
TOTAL $1.6B
Largest Golden Nugget Online Gaming, Inc.
$1.6B (2021-08-09)

Company Summary

SECTOR

Gaming

Revenue

615   91% 2020
323   43% 2019
226   18% 2018
192   2017
(millions of USD) Show More Show Less

Employees

2,600

Established

2011

Public

NASDAQ: DKNG

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