MGM seeks to buy Ladbrokes owner Entain – WSJ

(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:LCL), 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.