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DraftKings Acquires Jackpot in $750M Deal

DraftKings is expanding its portfolio of services in a pretty significant manner with its recent acquisitions of the lottery app, Jackpot. The blockbuster purchase cost the sportsbook and daily fantasy sports operator $750 million, while putting it in the driver's seat of the US online lottery market. Jackpot is a downloadable app that allows players…

Betfair Has Thoughts on US Presidential Race

Is US President Joe Biden heading for a historic loss when voters head to the polls in November? That's the very hot take taken by punters at Betfair Exchange. President Biden's chances of staying in office supposedly plunged this week after a partisan report criticizing his cognitive abilities was released to the public by Republican…