US casino operator MGM ends its £8bn bid for Ladbrokes and Coral owner Entain
Monday 25 de January 2021 / 12:36
2 minutos de lectura
(United Kingdom).- Shares in Ladbrokes and Coral owner Entain slid after its US suitor backed away from a bid.
The betting giant had been fighting off an £8billion offer from casino operator MGM Resorts, saying it 'significantly undervalued' Entain.
But investors who were hoping that MGM would come back with a higher offer were disappointed, as the Las Vegas company bailed out.
MGM said: 'After careful consideration and having reflected on the limited recent engagement between the respective companies regarding MGM's rejected all-stock proposal, it does not intend to submit a revised proposal and it will not make a firm offer for Entain.'
Categoría:Sportsbook
Tags: Sin tags
País: United Kingdom
Event
SBC Summit Americas 2025
13 de May 2025
Blokotech at SBC Summit Americas: Cutting-Edge Launches and New Features
(Fort Lauderdale, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Alberto Alfieri, Blokotech Co-Founder & Executive Chairman, discussed the innovations the company presented at SBC Summit Americas 2025 and how they address the industry's evolving needs, among other topics.
Monday 02 Jun 2025 / 12:00
SBC Summit Americas 2025: Everything about the panel "The Role of Laboratories and Certifications in the Latam Industry"
(Fort Lauderdale, SoloAzar Exclusive).- As part of SBC Summit Americas 2025, held from May 13 to 15 in Florida, the panel "The Role of Laboratories and Certifications in the Latam Industry" focused on the importance of technical standards and certification in the industry. Here are some of the highlights.
Wednesday 28 May 2025 / 12:00
21VIRAL at SBC Summit Americas 2025: Strengthening Partnerships & Embracing Innovation in LATAM Gaming
(Fort Lauderdale, SoloAzar Exclusive).- Mr Christoph Härtel, CEO of 21VIRAL, commented why SBC Summit Americas is a crucial event for the gaming industry. Among other issues, he said that insight on regulatory changes will shape how 21VIRAL approaches its market strategy. Read more in this unmissable Q&A session!
Tuesday 27 May 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.