MGM Resorts Reportedly Set to Make New Takeover Bid for Entain

MGM Resorts Reportedly Set to Make New Takeover Bid for Entain MGM Resorts Reportedly Set to Make New Takeover Bid for Entain

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MGM Resorts is looking to increase presence in online sports betting sites, currently preparing a new bid to acquire British sports betting heavyweight Entain Plc. — owner of UK bricks and mortar bookmakers Ladbrokes and Coral. 
Entain also consists of Crystalbet, Eurobet, the games brands Foxy Bingo, Gala, partypoker, PartyCasino, and the bwin sportsbook that launched last April in Ontario's regulated legal sports betting market. 
News of the imminent takeover attempt has spread like wildfire across both sides of the Atlantic following last Thursday's report by the American corporate finance news group, CTFN, later reported by Financial Mail on Sunday,...
Source: https://www.covers.com/industry/mgm-resorts-set-to-make-another-takeover-bid-of-entain-january-23-2023