Add-on Acquisition • Digital Media

Bally s Acquires Monkey Knife Fight

On January 25, 2021, Bally s acquired digital media company Monkey Knife Fight

Acquisition Context
  • This is Bally s’ 1st transaction in the Digital Media sector.
  • This is Bally s’ 7th transaction in the United States.
  • This is Bally s’ 1st transaction in California.

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M&A Deal Summary

Date January 25, 2021
Target Monkey Knife Fight
Sector Digital Media
Buyer(s) Bally s
Deal Type Add-on Acquisition

Target Company

Monkey Knife Fight

San Jose, California, United States
Monkey Knife Fight is a daily fantasy sports (DFS) company that has achieved this explosive growth due to its unique, fun, and engaging style of mobile sports gaming that truly levels the playing field for the average fantasy sports player. MKF offers its loyal users a dynamic, creative, and ever-expanding slate of daily sports and esports contests. Daily contests are offered for NFL, NBA, MLB NHL, Esports, Golf, Soccer, WNBA, and NASCAR events. Monkey Knife Fight was formed in 2018 and is based in San Jose, California.
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Buyer Overview 1

Buyer

Bally s

Providence, Rhode Island, United States

Category Company
Founded 2004
Sector Gaming
Employees10,000
Revenue 2.5B USD (2024)
DESCRIPTION

Bally's specializes in delivering a comprehensive range of gaming and entertainment experiences through both traditional brick-and-mortar casino venues and expansive digital platforms. Bally's currently owns and operates 10 casinos across six states, a horse racetrack, and 13 authorized OTB licenses in Colorado. Bally's was founded in 2004 and is based in Providence, Rhode Island.


Deal Context for Buyer #
Overall 7 of 12
Sector: Digital Media 1 of 3
Type: Add-on Acquisition 2 of 6
State: California 1 of 3
Country: United States 7 of 10
Year: 2021 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Eldorado Resort Casino Shreveport

Shreveport, Louisiana, United States

Eldorado Resort Casino Shreveport is a provider of exceptional guest service, a dynamic gaming product, award-winning dining, exciting entertainment and premier accommodations.

Buy $140M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-08 SportCaller

Dublin, Ireland

SportCaller is a free-to-play sporting game provider, whose platform allows fans to connect and compete across a variety of sports. It provides free-to-play and jackpot games for operators and media owners, generating new accounts allied to trackable levels of increased player-activity and loyalty. SportCaller was founded in 2009 and is based in Dublin, Ireland.

Buy -