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Entain confirms takeover proposal from DraftKings

News

Entain has confirmed that it has received a takeover proposal from US betting giant DraftKings.

However it said there was “no certainty” that a firm offer will be made.

As a result, the operator did not reveal the price of the bid, but noted that the final consideration would be made up of both stock and cash.

Read the full story on iGaming Business