Andrew Fries

[Chris Grove @OPReport]

Is online gambling M&A back (baby?)

@DraftKings buying @Jackpocket for $750mm in cash and stock.

Headline: S-tier deal for @JasonDRobins and $DKNG at a critical juncture in the development of the U.S. market.

Let's unpack the deal in a quick 🧵 👇

[Steve Ruddock @SteveRuddock]

I should point out that Jackpocket was an original sponsor of the Straight to the Point newsletter, and now, a few months later... So, if you want to sell your company for hundreds of millions, get in touch for sponsorship opportunities.

In all seriousness, congrats to @Jackpocket, a company I've had the pleasure of knowing for many years, thanks to @AndrewFries introducing himself at a conference.

I always knew it was a (750) million-dollar idea and have been impressed by @pjsullivan3 and the whole operation: great product, great vision, and did everything the right way.

If you want to know how impressive the company is, just look at how long the employees have worked there. No one leaves. Very impressive in the gambling industry.

[Front Office Sports @FOS]

This week, DraftKings agreed to acquire Jackpocket—the country's top lottery app—for $750 million.

The company expects the deal to drive incremental revenue of roughly $260M-$340M in the 2026 fiscal year, and $350M-$450M by 2028.

[The Wall Street Journal @WSJ]

DraftKings plans to acquire lottery app Jackpocket for about $750 million in cash and stock https://t.co/HdewwIs1qg https://t.co/HdewwIs1qg

[Andrew Fries @AndrewFries]

@TrevorJV @BrentonTemple @Jackpocket will sponsor. @grandviewcafe after party. Bart behind the bar.

[Denison Baseball @DU_Baseball]

NCAC Pitcher of the Year!!

Charlie Fleming

#StayStanding

[Andrew Fries @AndrewFries]

@realaxelfoley As they say, timing is everything https://t.co/sYqLPlUzEP

[Alex M. Silverman🏒⚽️ @AlexMSilverman]

Inbox: Lottery app @Jackpocket will replace @NorthwellHealth as the #Isles' home helmet sponsor this season.

Full release: https://t.co/PqQ2Pp9smD

[Andrew Fries @AndrewFries]

"29,000 people and a million butterflies" | https://t.co/AGDNTDh6z5 https://t.co/1J6N60ycuK

[Jackpocket @Jackpocket]

You guys are the best - you've made us the #1 app in the country! We’ve had so many requests tonight that we’ve turned off new requests to make sure all tickets get processed. Thank you for the love!

[Peter J Sullivan III @pjsullivan3]

It’s honor for our story to be so genuinely told. Such a collaborate effort to be where we are today. https://t.co/03ECWKBCmC

[Bonus.com @BonusUpdate]

Here's an unexpected first. Jackpocket, an internet service that buys draw lottery tickets on your behalf, is going to get into the online casino business in New Jersey. Lottery-to-casino cross-sell is a mostly untapped channel in the US.

https://t.co/JGRyNEvE8F

[TechCrunch @TechCrunch]

Jackpocket raises $120M to expand its lottery app into mobile gaming https://t.co/EYzxxPQP5K by @ingridlunden

[Paysafe @Paysafe]

Paysafe appoints seasoned iGaming exec Zak Cutler as CEO, North America iGaming. Zak’s role forms part of Paysafe’s ongoing strategic focus in the North American iGaming vertical which continues to show explosive growth. Read more: https://t.co/3Zdj2L8cM8

[NCAC @NCAC]

2021 NCAC Baseball Pitcher of the Year

Charlie Fleming, @DenisonSports

[Aaron Mehta @AaronMehta]

This is fascinating. Old Bay was founded by a Buchenwald survivor who fled to Baltimore. https://t.co/6XS3uB10xC

[Sean Hayes @SeanHayes]

Hi, NY! I’m teaming up with @Jackpocket lottery app to support a terrific charity Broadway Cares. Jackpocket will donate 10% of their proceeds through March to @BCEFA and you can help!

Play your first lotto ticket for free with code SEAN → https://t.co/N59IZKyWsB

[Andrew Fries @AndrewFries]

@cainer124 @BobbyBigWheel I honestly don’t think there’s a better way to describe it than the overlapping portion of a Venn diagram that consists of the worst parts of New Jersey and Eagles fans

[Andrew Fries @AndrewFries]

@RossRFulton You know who else had committees?

[Andrew Fries @AndrewFries]

@RichBartolomei If it’s not inside every bathroom stall they’ve missed a huge opportunity to contextualize this wonderful metaphor for posterity