Later in the day, Caesars Entertainment announced a strategic investment in SuperDraft, a daily fantasy sports company launched in September 2019, with the option to acquire the whole company over time.
Daily fantasy sports involves players assembling virtual rosters of professional athletes, and then competing against others based on the performance of those athletes in real life.
“With this acquisition, we are pleased to enter into the high-growth (daily fantasy sports) market," said George Papanier, the company's president and CEO.
Monkey Knife fight has about 180,000 registered users, 80,000 of whom have made monetary deposits in order to play.
“Daily fantasy players deserve a breath of fresh air, and we’re here to transform the industry.