Caesars Entertainment lands strategic investment deal with SuperDraft

Representative Image
Representative Image

Caesars Entertainment has lately landed a strategic investment deal with the daily fantasy sports platform SuperDraft.

Caesars while partnering with SuperDraft intends to expand its mobile sports and gaming network. It would do so by adding a Fantasy Football platform to its portfolio.

As per Gambling Insider, CEO of Caesars Entertainment Tom Reeg said: “The addition of daily fantasy sports fits seamlessly with our strategic vision for mobile and online sports.”

CEO of SuperDraft Steve Wang said: “We’re super excited to be part of Caesars’ powerful gaming ecosystem. SuperDraft is now well-positioned to accelerate its growth with financial staying power while broadening its consumer appeal.”

To commemorate the partnership, SuperDraft will launch its first $1m tournament on 7 February.