The third-fastest growing Daily Fantasy Sports website took a major step in the Fantasy Sports space by acquiring DFS company, Fantasy Draft.
Financial terms of the acquisition were not disclosed.
The deal will allow MKF to absorb FantasyDraft’s assets and significant user base. Already the third-largest DFS site in North America, this acquisition will solidify MKF’s position in a select category of three. In 2017, FantasyDraft acquired Fantasy Aces, creating one of the largest DFS companies behind DraftKings and FanDuel. FantasyDraft has also created many professional endorsements since its launch in 2014 including Jimmy Johnson, Shannon Sharpe and London Fletcher among others.
“Our acquisition of FantasyDraft is a natural fit for Monkey Knife Fight because of its size and reputation within the DFS industry. We are being aggressive in order to gain market share and influence in this ultra-competitive space. This is an important step as once there were four and now there are three.”
Bill Asher, MKF CEO & Founder
Monkey Knife Fight and FantasyDraft have dominated recent Daily Fantasy Sports awards. This summer both were nominated for the significant industry award of 2020 Fantasy Sports Operator of the Year for the EGR Operator Awards. The award winner will be announced in November, with the two organizations being the only companies nominated.
This news comes on the heels of a number of significant announcements by Monkey Knife Fight. In recent months, MKF has entered into partnership deals with teams from various sports leagues, many of which included a focus on giving back to help each local community. In Major League Baseball, partnerships have included the Milwaukee Brewers, San Diego Padres, San Francisco Giants, Minnesota Twins, and the Miami Marlins. In the NFL, Monkey Knife Fight has entered agreements covering the Tampa Bay Buccaneers, Miami Dolphins, and Los Angeles Chargers. Other deals have included the NHL Kings, the MLS Galaxy, and PGA golfer Charley Hoffman.
Monkey Knife Fight (MKF) is the fastest–growing sports gaming platform in North America, while being the third-largest Daily Fantasy Sports (DFS) platform. MKF is a new style of legal mobile gaming – a democratized platform with a level playing field where users aren’t forced to play against professionals.