DraftKings completes Jackpocket acquisition; issues 7.5M shares in deal

DraftKings Inc.

Completed acquisition of Jackpocket, leading US digital lottery app, gaining entry to the lottery vertical.
Issued 7,507,817 Class A shares to accredited Jackpocket stockholders as stock consideration.
Plans cross-sell programs, enhanced customer acquisition efficiency, and product portfolio innovation.
Jackpocket CEO Peter Sullivan cited DraftKings' mobile platforms to drive growth in digital lottery.

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