Monkey Knife Fight (MKF), the rapidly growing fantasy sports gaming platform in North America, has bought the stakes of FantasyDraft, a daily fantasy sports (DFS) site, for an undisclosed sum.
As per the deal, MKF will absorb FantasyDraft’s assets and significant user base.
Bill Asher, founder and CEO of Monkey Knife Fight: “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.”