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DraftKings’ Scrapped Entain Bid Raises Concerns and Questions, Says AnalystWritten by: Todd Shriber

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In one of this week’s biggest gaming industry stories, DraftKings (NASDAQ:DKNG) said Tuesday it won’t move forward with an effort to acquire Entain Plc (OTC:GMVHY). Investor reaction to the news was initially positive, owing to the fact that the Boston-based company floated a $22.4 billion cash and equity proposal for the Ladbrokes owner. That’s a
The post DraftKings’ Scrapped Entain Bid Raises Concerns and Questions, Says Analyst appeared first on Casino.org.
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