DraftKings makes $22B+ bid for Ladbrokes owner Entain
September 22, 2021
Sports betting group DraftKings has offered to pay $22.4 billion for UK peer Entain, in a deal that would be worth $25 billion including debt. But MGM, which also sought to buy the Ladbrokes owner, is arguing that its joint venture with Entain means the casino operator should have a say in the deal.