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DraftKings and Caesars Entertainment to collaborate

DraftKings and Caesars Entertainment have entered into an agreement to enhance their respective sports gaming operations.

DraftKings will get direct market access for online gaming products in states where Caesers is operating, while Caesars will take an equity stake in DraftKings. Additionally, DraftKings will promote Caesars Entertainment as its official casino resort partner in the states where the two entities collaborate.

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