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DraftKings reveals finances; confirms move from Kambi platform

8th January 2020 9:29 am GMT
DraftKings

Sports betting and fantasy contests operator DraftKings has offered a glimpse into its finances as it prepares to combine with technology supplier SBTech.

The business combination will create a pure-play sports betting and online gaming company based in the United States with a listing on Nasdaq and is expected to close in the first half of 2020.

In a filing Tuesday, DraftKings revealed that the combined business would have generated revenue of $268.7m during the first nine [...]

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