DraftKings Abandons $20 Billion Pursuit Of Entain PLC; Will Instead Focus On Solidifying Business In North America

“Boston-based fantasy sports and gambling giant DraftKings Inc. said Tuesday it is abandoning its more than $20 billion pursuit of Entain PLC, the parent of U.K. gambling peer Ladbrokes, and will instead focus on fortifying its business in North America.”

Law360 has more here.