DraftKings reportedly discusses possible Railbird acquisition in US
DraftKings reportedly held discussions about a possible acquisition of prediction-market operator Railbird in the US. DraftKings said it speaks with various companies in the normal course of business and does not comment on specific discussions; Railbird received Commodity Futures Trading Commission approval to operate as a contract market platform last month.
A potential acquisition could bring a prediction-market operator into DraftKings’ business, but no deal has been confirmed.