@jam3s81 @JasonDRobins @marklocke @DKSportsbook @GeniusSports @FanDuel I don't think other books would want to put money into pocket of $DKNG, a major competitor. Also, there might be anti-competive issues, as $DKNG might be accused of monopoly & charging too much to competitors. Best for all if all major sportbooks own a big piece of $GENI.
@jam3s81 @JasonDRobins @marklocke @DKSportsbook @GeniusSports Doubt $DKNG buys $GENI as might cause problems with future deals with other sportsbooks, eg $PENN, $RSI, @fanduel, $SEAH. But given increasing takerate for $GENI, they would all be smart to buy huge positions in $GENI, effectively getting back takerate and more from investment.
@mingotweet @spac_value This is not a low redemption play for $DMYI. A lot of institutions and investors are actually happy with the company. Also the team DMY did the deSPAC of $RSI and $GENI. Both are legit companies that are still doing well now.