Jim Cramer: What Buying Entain Would Mean DraftKings

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DraftKings  (DKNG) - Get DraftKings Inc. (DKNG) 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. 

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