that acquisition closes<\/a> in the first half of this year.<\/p>\nWhat’s Next For Caesars<\/h2>\n
It’s not immediately clear if the Bally’s and Caesars moves will touch off a spate of similar deals between casino operators and DFS providers. With the former yearning for client data and market access, the synergies are obvious.<\/p>\n
Even with MKF and SuperDraft spoken for, FanDuel being part of a larger enterprise and DraftKings being a freestanding company, there remain some mid-sized and smaller DFS outfits that could make for plausible partners for casino operators.<\/strong><\/p>\nAs for Caesars and SuperDraft, that relationship kicks off in earnest on Feb. 7 when the DFS debuts the SuperMillion Big Game contest, its first $1 million competition. As of today, clients will be eligible to win tickets for the big money game across the company’s standard daily paid and free contests.<\/p>\n","protected":false},"excerpt":{"rendered":"
Caesars Entertainment (NASDAQ:CZR) is making a minority equity investment in daily fantasy sports (DFS) provider SuperDraft, Inc. That could eventually lead to the casino giant owning 100 percent of the privately held firm. Details of the deal, including the exact size of Caesars’ stake in the DFS operator, weren’t disclosed. But a statement issued by […]<\/p>\n","protected":false},"author":46,"featured_media":162410,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14007,32093],"tags":[],"acf":[],"yoast_head":"\n
Caesars Looking to Leverage DFS Exposure in SuperDraft Deal<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n