View from the City: Investors spooked on Halloween by "frosty" Q3 commentary

Simon Davies, head of online gaming research at Deutsche Bank, analyses the latest M&A rumours and implications on the market

There was not much in the way of Oktoberfest for the online gaming sector. There was one new bid, but another one got taken away. And the Q3 commentary was generally frosty. Starting with M&A, the pace of industry consolidation shows no signs of abating. DraftKings spent five weeks discussing a potential $22.4bn bid for…

DraftKings | Entain | Finance | Flutter Entertainment | Q3 2021 | Sports margin