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FDJ completes the acquisition of Kindred Group ahead of schedule

FDJ completes the acquisition of Kindred Group ahead of schedule

After obtaining all necessary regulatory approvals, La Française des Jeux (FDJ) has moved forward the acceptance period deadline for its offer on Kindred to October 2nd.On January 22, 2024, FDJ announced a public offer to the holders of Swedish Depository Receipts (SDR) of Kindred Group plc, proposi

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Boyd Gaming expresses interest in acquiring Penn Entertainment

Boyd Gaming expresses interest in acquiring Penn Entertainment

Boyd Games has reportedly approached Penn Entertainment with an offer to acquire the company. Sources say the company is worth more than $9 billion, including debt (although its official market cap is currently $3 billion). If the potential acquisition goes through, it would be one of th

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DraftKings to launch sports betting app in Washington, D.C.

DraftKings to launch sports betting app in Washington, D.C.

DraftKings has announced plans to launch its online sportsbook in Washington, D.C., pending necessary licensing and regulatory approvals. The move is part of a market access agreement with DC United that will allow DraftKings to operate in the nation's capital. Once operational, Washingto

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