Recent reports indicate Rush Street Interactive – the company behind BetRivers Sportsbook and online casino – is courting potential buyers.
The initial report from Bloomberg cited unnamed sources, saying “people with knowledge of the matter” have confirmed the claims.
DraftKings, which also operates in Illinois, could be a potential buyer.
DraftKings not saying if it wants to buy BetRivers
There are several Illinois sports betting operators, with FanDuel and DraftKings routinely leading the pack each month in revenue.
Reports indicate that DraftKings was approached by BetRivers about a potential sale. However, details beyond that are non-existent, as both firms remain mum about potential acquisitions.
Should DraftKings go through with a BetRivers buyout, it could further enhance the company’s footprint in Illinois. Rush Street is headquartered in Chicago.
Another recent online gambling acquisition could point to a potential future for DraftKings and BetRivers. When Fanatics acquired PointsBet North America, the PointsBet brand remained active in many states (and still operates today) as Fanatics slowly transitioned to its new branding.
Of course, any BetRivers branding shift would be a long way down the road, and that’s only if it was sold to another sportsbook.
DraftKings recently acquired Jackpocket online lottery company
It’s unsurprising to see DraftKings among the contenders for a BetRivers buyout. The company is known for its tendency toward acquisitions.
It acquired Golden Nugget Online Gaming in spring 2022.
Last month, it acquired the lottery courier service Jackpocket.
