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OFFON

DRAFTKINGS INC.

(DKNG)
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DraftKings says it will not make an offer to buy Entain

10/26/2021 | 07:53am EST
FILE PHOTO: FILE PHOTO: A sign hangs outside a branch of Ladbrokes in London

Oct 26 (Reuters) - U.S. betting company DraftKings Inc said on Tuesday it will not make a formal offer to buy British gambling firm Entain.

The U.S.-based company had put forward a $22.4 billion buyout proposal for Entain last month. (Reporting by Sachin Ravikumar in Bengaluru; Editing by Shounak Dasgupta)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
DRAFTKINGS INC. 1.92% 31.27 Delayed Quote.-39.07%
ENTAIN PLC 1.15% 1709.5 Delayed Quote.44.60%
All news about DRAFTKINGS INC.
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12/03Berenberg Bank Adjusts DraftKings PT to $42 From $42.50, Maintains Hold Rating
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12/02Benchmark Adjusts DraftKings' Price Target to $50 from $70, Maintains Buy Rating
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12/01PLACE YOUR BET : Who Will Win The Competition For Sports Betting Dollars
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12/01DraftKings Announces Jason Park's Participation in Upcoming Virtual Event
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More news
Analyst Recommendations on DRAFTKINGS INC.
More recommendations
Financials (USD)
Sales 2021 1 264 M - -
Net income 2021 -1 520 M - -
Net cash 2021 1 274 M - -
P/E ratio 2021 -8,35x
Yield 2021 -
Capitalization 12 470 M 12 470 M -
EV / Sales 2021 8,86x
EV / Sales 2022 6,20x
Nbr of Employees 2 600
Free-Float 46,6%
Chart DRAFTKINGS INC.
Duration : Period :
DraftKings Inc. Technical Analysis Chart | DKNG | US26142R1041 | MarketScreener
Technical analysis trends DRAFTKINGS INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 30,68 $
Average target price 62,33 $
Spread / Average Target 103%
EPS Revisions
Managers and Directors
Jason Robins Chairman & Chief Executive Officer
Jason K. Park Chief Financial Officer
Paul Liberman Director, President-Global Technology & Product
Travis Dunn Chief Technology Officer
Jennifer Aguiar Chief Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
DRAFTKINGS INC.-39.07%12 470
FLUTTER ENTERTAINMENT PLC-25.70%24 450
GALAXY ENTERTAINMENT GROUP LIMITED-28.88%23 137
EVOLUTION AB5.20%22 064
ARISTOCRAT LEISURE LIMITED43.61%20 623
CAESARS ENTERTAINMENT, INC.23.93%19 676