Bally’s Corporation has completed the previously announced acquisition of Monkey Knife Fight the third-largest daily fantasy sports operator in North America.

The acquisition makes Bally’s only the third sports betting company in the U.S. to have a fantasy sports segment, and advances the Company’s long-term growth and diversification strategy to become the first truly vertically integrated sports betting and iGaming company in the U.S. with a B2B2C business model.

George Papanier, President and Chief Executive Officer of Bally’s Corporation, said, “We are pleased to have closed on our acquisition of Monkey Knife Fight, and are now focused on integrating this unique asset into our Bally’s Interactive division.

Entering the daily fantasy sports market is an integral component of our omnichannel approach and an important milestone for our Company as we continue our long-term diversification strategy. We look forward to providing sports fans across the nation with a dynamic and engaging DFS platform that is commensurate with the premier offerings that define the Bally’s portfolio.”