DraftKings terminated the $22.4bn Entain deal.

DraftKings, an American daily fantasy sports contest and sports betting operator, terminated the $22.4bn Entain, an international sports betting and gambling company, deal. “After several discussions with Entain leadership, DraftKings has decided that it will not make a firm offer for Entain at this time. Based on our vertically-integrated technology stack, best-in-class product and technology capabilities and leading brand, we are highly confident in our ability to maintain a leadership position and achieve our long-term growth plans in the rapidly growing North America market,” Jason Robins, DraftKings CEO, Co-Founder and Chairman of the Board. On October 19, 2021, Entain got the extension to DraftKings bid deadline.