© 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 https://on.wsj.com/3ohletm 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.
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.