DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation

For many sports betting companies, the Super Bowl is, well, their Super Bowl.But daily fantasy sports contest and sports betting company DraftKings is more focused on winning the lottery, announcing Thursday (Feb. 15) that it has reached an agreement to acquire Jackpocket, a leading digital lottery app in the United States, for total consideration of approximately $750 million.On Friday’s (Feb. 16) fourth-quarter 2023 earnings call, DraftKings executives told investors that they anticipated “significant cus ...