MGM seeks to buy Ladbrokes owner Entain: WSJ
Add BT as a preferred source[BENGALURU] 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, 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.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge
