M&A

Jason Ader: DraftKings and Playtech merger the “perfect business combination”

Independent sponsor calls on US sports betting heavyweight to buy “undervalued” online casino supplier to springboard international growth and diversification

A merger between US sports betting and DFS giant DraftKings and online casino provider Playtech would lead to the “perfect business combination”, according to hedge fund activist and Playtech shareholder Jason Ader. Speaking to EGR Intel, Ader cited recent comments made by DraftKings CEO Jason Robins in the Boston-based firm’s Q2 investor call where he…

Covid-19 | DraftKings | Finance | Investments | Jason Ader | M&A | Playtech

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