US based casino major MGM Resorts is apparently planning to acquire the renowned British gaming company Entain as a part of its latest effort towards entering the online gambling business. For the record, Entain owns bookmaker Ladbrokes, as well as numerous online gambling and sports betting sites.
Apart from Ladbrokes, FTSE 100-listed Entain also owns online gaming group Partypoker and sports-betting site Bwin. The company boasts of being one of the largest sports betting and gaming groups across the globe operational in the online as well as retail sector.
Last month, the company had renamed itself from GVC Holdings to Entain. The oth