M&A
2 articles tagged "M&A".
Esportes da Sorte Group Expands Brazilian Footprint with Apostou.com Acquisition
The Esportes da Sorte Group has acquired Apostou.com, along with its BETBR Loterias, B1BET, and BRBET brands, to strengthen its presence in Brazil's rapidly expanding regulated betting market. This move further solidifies Esportes da Sorte's position among the country's top operators, complementing its existing portfolio and earlier strategic acquisitions.
DraftKings Initiates DKeX Prediction Market Exchange, Facing Scrutiny Over Investment Returns
DraftKings has launched DKeX, a new prediction market exchange, aiming to generate trading fees and strengthen its market-making capabilities. While CEO Jason Robins is highly optimistic about its potential for growth and integration, analysts question if these revenues will offset the substantial initial investment and projected losses, which could reach hundreds of millions in 2026.