Bally’s acquires Monkey Knife Fight fantasy sports company

The floor of the Tiverton Casino Hotel, operated by Twin River at its pre-opening ribbon-cutting on Aug. 30, 2018. In 2020, Twin River changed its name to Bally’s. Photo by Steve Klamkin WPRO News

ATLANTIC CITY, N.J. (AP) — Bally’s continued its acquisition juggernaut Monday, acquiring the daily fantasy sports company Monkey Knife Fight in an all-stock transaction that further widens the fast-growing company’s drive to add casino, online sports betting and media companies.

Providence, Rhode Island-based Bally’s becomes the third U.S. sports betting company to have a daily fantasy sports component, along with DraftKings and FanDuel.

Bally’s has been on a tear in recent months, adding gambling and media properties as it aims to become a major national player.

They include the purchase of Bally’s casino in Atlantic City, a partnership with Sinclair Broadcast Group, and its pending acquisition of Bet.Works.