DraftKings officially called it quits on the process of acquiring Entain today, after publicly acknowledging its interest in the purchase earlier this year. Officials of the company have stated that after a long analysis and discussion with the board of directors of Entain, a decision not to make an offer was made. The CEO, Co-Founder […]
DraftKings has been busy this year, seeking out new acquisitions that would allow it to grow its online sportsbook and casino presence. None, however, was as big as the potential acquisition of Entain. It was initially expected that a final decision by DraftKings on whether it would seriously move forward with a purchase was coming […]
Entain revealed its plans to secure esports wagering platform Unikrn in August this year, and has now followed up by completing the acquisition of the betting platform’s assets. Entain bought Unikrn in its entirety, bringing the website’s platform, technology and existing portfolio along with its 50-man team under the entertainment giant’s roof. Looking after the […]
Entain Plc is emerging from another strong quarter with the company’s corporate growth beating expectations and well on track to accomplish all pre-determined objectives for 2021. The third-quarter update revealed a company that developed strongly during the three-month period concluding on September 30. Net gaming revenue climbed 4% year-over-year, retaining a lot of the company’s momentum […]
Data management, video streaming, and integrity services provider Genius Sports has extended its pre-existing deals with operators BetMGM and Entain. Genius Sports Expands Its Agreements As part of the expanded deals, Genius Sports will offer its two partners new National Football League data feeds, engagement solutions, and sportsbook offerings. Genius Sports’ chief executive officer, Mark […]
Global sports betting and gaming group Entain announced today a new initiative across its retail business that will see a number of betting shops in key locations in the UK and Italy redesigned. New-Style Digital Hubs The complete makeover of Entain’s retail shops will commence from its outlets across the Ladbrokes, Coral and Eurobet brands […]
Entain Foundation US, the charity division of Entain, has teamed up with the University of Nevada Las Vegas (UNLV) for a research initiative concerning gaming and betting. The non-profit foundation will supply a founding grant to UNLV to complete the project. The main aim of the research will be to combine it with operational expertise […]
At this point, DraftKings’ mission is clear – it wants to control the gaming world not only in the US, but globally. It is already discussing the possibility of purchasing Golden Nugget Online Gaming (GNOG) in a deal worth around $1.56 billion, but that pales in comparison to its latest acquisition target. Entain has confirmed […]
Entain Foundation, a trust charity established by global gambling group Entain, announced today it would be delivering its second educational program aimed at improving the knowledge of gaming industry personnel. Introducing Responsible Gambling Issues Known as the Seton Hall Bootcamp, the educational program for legal, regulatory, compliance and business experts funded by Entain Foundation US […]
The Entain Foundation, the charitable trust established by UK-based gambling group Entain, announced a new initiative in collaboration with Berlin University of Technology (TU Berlin) and the Nexus Institute for Cooperation Management and Interdisciplinary Research. Collaborative Effort The new initiative, Gendered Innovations, involves the development of a short-term executive training program that will promote innovative […]
