DraftKings to save "north of $100m" in platform costs from SBTech deal

CEO Jason Robins estimates Kambi expenditure could surpass nine figures a year in fully scaled US market

DraftKings CEO Jason Robins forecasts the operator will save in excess of $100m a year in betting platform costs by acquiring service provider SBTech. Speaking at an investor conference in Orlando on Monday, Robins said the biggest cost synergy achieved in the three-way merger involving special purpose acquisition company Diamond Eagle, will be the “savings…

DraftKings | Jason Robins | Kambi | M&A | SBTech | Strategy