SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DraftKings, Inc. / Online Gambling -- Ignore unavailable to you. Want to Upgrade?


To: radkapital who wrote (12)4/27/2020 10:01:59 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 282
 
I don’t have any particular company in mind, and it won’t be happening soon. The casino companies have taken a huge hit and it is going to take them years to recover. Nobody is going to be doing any major acquisitions.

When Diamond Eagle and DraftKings first announced their deal last December I would have been willing to bet that the company would be acquired within a year. Not anymore.

DKNG was up $3.00 at the opening, though it has since fallen back a bit.