Skip to main content

Jim Cramer: What Buying Entain Would Mean DraftKings

Publish date:
Video Rating:
Video Duration:

DraftKings  (DKNG) - Get Free Report upped its bid for British gaming giant Entain to around $22.4 billion amid potential opposition from rival MGM Resorts International MGM.

The offer is now more than double the $11 billion approach from MGM, Entain's U.S. joint-venture partner, TheStreet's Martin Baccardax reported. 

Jim Cramer said an acquisition of Entain could change how DraftKings approaches customer acquisition. 

"It makes a ton of sense as long as DraftKings doesn't have to pay too much," Cramer said. 

Catch Cramer's full take on DraftKings, Entain and more in the video above. 

Recap TheStreet Live: Everything Jim Cramer Is Watching 9/22/21

Hear what Jim Cramer is only telling members of his Action Alerts PLUS investing club in Wednesday's Daily Rundown. 

Related Videos