Caesars Gets DraftKings Ownership Stake In Sports-Betting Partnership

A new partnership between DraftKings and Caesars Entertainment will see the top online betting operator in New Jersey gain market access in Illinois, Indiana and other states.

The two companies announced a multi-state deal Monday afternoon which will see Caesars receive an undisclosed amount of DraftKings equity in exchange for providing the online sportsbook and fantasy sports operator market access for online gaming in “certain states” where Caesars operates.

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