Daily fantasy sports game company DraftKings announced that it has acquired direct competitor DraftStreet today. Financial terms of the deal were not disclosed.
Both DraftKings and previously IAC-owned DraftStreet allow people to participate in daily fantasy sports competitions where they can win real cash prizes that range in value from pocket change to $1 million. The services offer fantasy competitions that primarily focus on baseball, football, basketball, and hockey.
Unlock premium content and VIP community perks with GB M A X!
Join now to enjoy our free and premium membership perks.
GamesBeat