Hints and tips:
...Disney’s ESPN was just one potentially formidable competitor that entered the market last year to challenge leaders Flutter — owner of FanDuel — and DraftKings....
...“But there’s going to be some next big thing and whether FanDuel or DraftKings get there first, or whether it’s somebody else, I think is a fair question,” he said....
...Both DraftKings and Barstool, from which casino group Penn Entertainment exited its investment this week, declined interview requests....
...Disney acquired a 5 per cent stake in DraftKings in 2019 when it bought 21st Century Fox....
...The contest between gambling groups DraftKings and FanDuel will be every bit as fierce as between the Philadelphia Eagles and the Kansas City Chiefs. DraftKings and FanDuel are the league leaders....
...April 30, 2021: Dapper Labs, Inc., the company behind NBA Top Shot and the Flow blockchain, today announced US$250M in new funding. Led by Coatue . . ....
...Disney acquired a 5 per cent stake in DraftKings, a fantasy sports and betting group, in 2019 when it bought 21st Century Fox....
...It acquired a 6 per cent stake in DraftKings, a fantasy sports and betting group, in 2019 when it bought 21st Century Fox....
...Under the influence A new challenger has come knocking for DraftKings and FanDuel’s duopoly on mobile sports betting: controversial social media star Jake Paul....
...DraftKings also formed a partnership with AT&T’s sports subsidiary Turner Sports....
...Last month DraftKings made a £18.4bn bid for Entain. It has until October 19 to make a firm offer....
...It looks underpriced compared with DraftKings within Flutter’s current valuation....
...In other real news, DraftKings, the US fantasy sports and sports betting company, has made a roughly £16.6bn offer for the UK gambling company Entain. 2....
...“The way fans consume sports years from now will look drastically different,” said Jason Robins, chief executive of DraftKings....
...DraftKings, one of Flutter’s closest rivals in the US, announced on Monday that it had agreed a $1.56bn deal to buy Golden Nugget Online Gaming....
...(FT) News round-up PwC to sell mobility unit to private equity group CD&R for $2.2bn (FT) DraftKings given more time to pursue Entain takeover (FT) JAB targets pet insurance M&A with purchase of BNP...
...FanDuel generated about $900m of revenue in 2020, according to analysts at the investment bank Davy, while DraftKings made revenues of $643m....
...(Sifted) News round-up China’s ByteDance aims for Hong Kong IPO despite tech crackdown (FT) DraftKings buys Golden Nugget Online Gaming in $1.56bn deal (FT) China’s tech tycoons lose $87bn of wealth...
...Shares in DraftKings, a FanDuel rival that listed via a merger with a blank-cheque company last April, have more than tripled since then....
...Take Soaring Eagle Acquisition, a Spac set up by former Hollywood executive Harry Sloan, whose deal to take DraftKings public in 2019 is considered by some as the catalyst for the blank-cheque company boom...
...growing table of those who have built sportsbooks after the US Supreme Court overturned a federal bill banning the practice in 2018 — pitting it head on with gambling companies including sports betting site DraftKings...
...The new suite of Spac sponsors is optimistic about recent successes such as the sports-betting site DraftKings and the electric truck start-up Nikola, which both now boast valuations of more than $10bn....
...(See: DraftKings’ hugely successful Spac debut.) That could always change as new leadership takes shape at the casino group. DD will be placing bets accordingly....
...The rise of DraftKings, the partnership between Penn National Gaming and Barstool Sports, and the Spac mergers of Rush Street Gaming and Golden Nugget Online Gaming underscore the investor enthusiasm....
...scandal (FT) Investors pour cash into Chinese start-ups in hunt for next Tesla (FT) Dating app Bumble to plan IPO at $6bn-plus value (Bloomberg) Michael Jordan takes stake in sports betting company DraftKings...
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