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Entain eyes US profits after MGM deal disappointment

While the confirmation of no new offer from MGM has disappointed the market, Entain is still making progress in the US
March 9, 2023
  • Net debt jumps
  • 5 acquisitions 

Investors in Ladbrokes and Coral owner Entain (ENT) got some bad news last month. The chief executive of MGM Resorts International (US:MGM), which had been rumoured to be keen on making another bid for the company after the eventual release of the long-awaited UK gambling white paper, confirmed on an earnings call that the idea is dead in the water.

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