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Is DraftKings bid for Entain doomed to failure?

23rd September 2021 10:05 am GMT

MGM Resorts’ show of strength raises numerous possibilities but DraftKings’ acquisition of SBTech highlights numerous issues.

DraftKings’ offer for Entain came as a surprise but hardly a shock. The US market is driving consolidation of an industry that was already consolidating fairly quickly. At this rate, there will not be many large independent European betting and gaming companies. They will all be swallowed up by the US megacorps as they acquire the technology and expertise needed [...]

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