Tag: Austerlitz

Failed Sports Betting Deals: DraftKings, Entain, WynnBet and Austerlitz

Failed Sports Betting Deals: DraftKings, Entain, WynnBet and Austerlitz

Over the past month, two big sports betting deals have gone bust. DraftKings dropped its $22 billion offer for Entain while, meanwhile, Wynn Resorts called off the merger of WynnBet with Austerlitz Acquisition. And in the blink of an eye, the red-hot sports betting market has started to cool. Once […]