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Home Sports

DraftKings Purchases Sports IQ Analytics for an Unrevealed Amount

Staff GHNbyStaff GHN
11 May, 2024
in Sports
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DraftKings Purchases Sports IQ Analytics for an Unrevealed Amount
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The esteemed American gambling conglomerate, DraftKings, has successfully taken over Sports IQ Analytics. This company is renowned for their utilization of sophisticated AI and machine learning methods to develop cutting-edge software solutions within the digital sports betting sector.

The announcement of the transaction was made by the CEO of Sports IQ Analytics, Omer Dor, a week subsequent to DraftKings releasing its quarterly financial report for the period ending on March 31. The impressive financial growth and the solidification of DraftKings’ stance as a front-runner in the sportsbook and iGaming domain in the US are noteworthy aspects of this report.

Dor conveyed news of the merging corporates on his LinkedIn profile, expressing his team’s enthusiasm about entering a “new chapter in the Sports IQ Analytics journey” with an equally ambitious group. He commended DraftKings’ team of professionals for their dedicated pursuit of excellence and victory, akin to his own team.

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Dor also expressed his gratitude to Jason Robins and Paul Liberman, CEO and founder of DraftKings respectively, for their readiness to integrate the Sports IQ Analytics team.

He additionally highlighted the significant contributions made by Eric Levy of Osler, Hoskin & Harcourt LLP, and Robin Chhabra of Tekkorp in facilitating the deal.

In regards to the financial details of the deal, Dor chose not to reveal them. At the time of documenting, DraftKings hasn’t released any comments regarding this matter.

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CEO Omer Dor’s Acknowledgement of Stakeholders

Sports IQ Analytics’ CEO extended his gratitude to all parties involved in the deal. He applauded DraftKings’ management, the assisting companies and his own team members and co-founders for their continual support.

Dor expressed gratitude to his investors, advisors, partners and clients who provided critical guidance and supported the company’s vision.

In essence, Dor commended his team at Sports IQ Analytics for their professionalism and ambition.

For the past 6 years, I’ve had the privilege of working with a remarkable team at Sports IQ. Their hard work, intelligence and passion have made this journey possible, and I’m excited to bring our skills and energy to DraftKings.

Omer Dor, CEO, Sports IQ Analytics

Dor ended his note by thanking his family for the unconditional support they have extended to him throughout his entrepreneurial journey.

In separate news related to DraftKings, the operator has made a notable appearance on the Top Workplaces USA 2024 list by Energage, showcasing their commitment towards employee satisfaction and welfare.

Tags: draftkingsm&asportssports iq analytics
Staff GHN

Staff GHN

We are the editorial team at Gambling Hub, where precision meets insight in gambling industry reporting. Staffed by a knowledgeable team of betting and gaming experts, we are committed to deeply analyzing the dynamic world of gambling with thorough reviews and an impartial perspective. Our mission is to make information about the gambling sector universally accessible, ensuring it is clear and approachable for everyone. In every piece on Gambling Hub, we aim to deliver content that not only informs but also enhances our readers' understanding, helping them navigate the complexities of the gambling landscape.

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