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simplebetDraftKings Acquires Simplebet After Shedding Other Businesses The sports gambling giant has had a hard time matching FanDuel's momentum. August 29, 2025. ReadFunding, Valuation & Revenue. 12 Fundings. SimpleBet has raised $156.69M over 12 rounds. SimpleBet's latest funding round was a Acquired for on August 29, 2025.