Unlocks Access to the U.S. Digital Lottery Industry and Significant Cross-Sell CapabilitiesBOSTON & NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the completion of its previously announced proposed acquisition of Jackpocket Inc. (“Jackpocket”), the leading digital lottery app in the United States. “Today we are announcing the completion of our acquisition of Jackpocket, and the commencement of our value creation plan,” s
IBD 50 sports betting stock DraftKings is recovering from a plunge and is in a cup base — but there's a caveat. DraftKings stock has reclaimed a key level after the company reported earnings and raised its internal forecast. The company is a leading sports betting online platform offering wagering on live sports, fantasy sports and casino games including blackjack, roulette and slots.
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