MGM seeks to buy Ladbrokes owner Entain – WSJ

© Reuters. The Circus Circus hotel and casino is seen along the Las Vegas strip

(Reuters) – MGM Resorts International is seeking to buy British gaming company Entain Plc in the latest move by a casino operator to double down on the online-gambling business, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

MGM recently made an offer to buy the owner of the popular British gambling brand Ladbrokes (LON:), but exact details and value of the new bid could not be learned, the Journal said.

MGM and Entain did not immediately respond to a Reuters request for a comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


READ  Chinese vaping firm RLX valued at nearly $35 billion in U.S. market debut


Please enter your comment!
Please enter your name here