1. #1
    MinnesotaFats
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    Draft Kings to buy Entain

    News breaking they are saying yes now

  2. #2
    johnnyvegas13
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    They r the old party poker company

    how r they worth 20 billion now ???

  3. #3
    jjgold
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    good report

  4. #4
    MinnesotaFats
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    Quote Originally Posted by johnnyvegas13 View Post
    They r the old party poker company

    how r they worth 20 billion now ???
    Initial offer was 5 billion last year

    20bb ridiculous and DK stock plummeting on news

  5. #5
    johnnyvegas13
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    Quote Originally Posted by MinnesotaFats View Post
    Initial offer was 5 billion last year

    20bb ridiculous and DK stock plummeting on news
    ya I saw stock as well

    DK is being very aggressive here

  6. #6
    Roger T. Bannon
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    Entain owns Ladbrokes and BWin. That is going into Europe.

  7. #7
    Roger T. Bannon
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    If you are DraftKings and you have a massively valued stock, you buy Ladbrokes with it and you basically get it for free. You turned a fantasy site into a legit global sportsbook operation.

  8. #8
    asiagambler
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    Entain owns basically every betting company in Europe except bet365

  9. #9
    jjgold
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    80% of USA books have zero shot to make money long term

    Its all 3-4 books taking most of action

  10. #10
    slayer14
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    DraftKings offer 20 billion dollars to buyout ladbrokes

    Unreal this

  11. #11
    CappinTerp
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    This is incredible 20 B !!!!!!!!

  12. #12
    eidolon
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    Seems a bit much for a long term return.
    I'm sure they are going to push even harder into the US market in the next 5 years.

  13. #13
    jjgold
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    Draftkings and Fandual basically have zero competion

    Maybe MGM a little but everyone else a dot on the map usa

  14. #14
    gauchojake
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    Link??

  15. #15
    johnnyvegas13
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    Quote Originally Posted by jjgold View Post
    Draftkings and Fandual basically have zero competion

    Maybe MGM a little but everyone else a dot on the map usa
    this

  16. #16
    USCPHILLYGUY
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    Quote Originally Posted by gauchojake View Post
    Link??

  17. #17
    MinnesotaFats
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    Philly Guy how you been!!??

    Tennis in Florida soon! I'll be down 1st week of Nov for the season

  18. #18
    gauchojake
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    Quote Originally Posted by USCPHILLYGUY View Post

  19. #19
    jjgold
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    If you look at the numbers in each state the majority of states is dominated by three books

    The rest make a few dollars but not much

  20. #20
    kidcudi92
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    Quote Originally Posted by jjgold View Post
    Draftkings and Fandual basically have zero competion

    Maybe MGM a little but everyone else a dot on the map usa
    So many decent offers from other US books to try and keep up but no chance they ever will

  21. #21
    jjgold
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    Quote Originally Posted by kidcudi92 View Post
    So many decent offers from other US books to try and keep up but no chance they ever will
    yes but Draftkings and Fandual wear you down with offers even MGM they have so much money unlike other books

    I am not talking about sign up perks everyone has them, once you sign up most books have gimmick perks which are for suckers and dummies

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