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DraftKings Abandons $20B-Plus Pursuit Of UK Betting Peer

By Benjamin Horney (October 26, 2021, 8:56 AM EDT) -- 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....

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