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Market access deal gives Caesars equity stake in DraftKings

26th February 2019 8:43 am GMT
Caesars Entertainment

New York-listed gaming operator Caesars Entertainment is gaining an equity stake in DraftKings through a US market access deal announced late Monday.

The multi-year agreement will see Caesars offer market access to DraftKings for its online gaming products in the United States, subject to applicable legislation and license approvals, with DraftKings working exclusively with Caesars in certain states where Caesars operates casino properties.

The agreement also allows Caesars to continue offering its own branded sports betting and [...]

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