Allwyn to acquire 62% stake in fantasy sports firm PrizePicks for $1.6 billion
PrizePicks, founded roughly 10 years ago, has shown strong growth. As of June, it reported adjusted EBITDA of $339 million, revenue rising over 60% year-on-year, and solid cash flow.
PrizePicks, founded roughly 10 years ago, has shown strong growth. As of June, it reported adjusted EBITDA of $339 million, revenue rising over 60% year-on-year, and solid cash flow.
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