UK Bookie Ladbrokes Rejects $11 Billion MGM Bid
Entain which is the owner of UK online and retail sportsbook giant Ladbrokes, rejected this week an $11 billion (£8.1 billion) takeover attempt made by U.S. casino operator MGM Resorts.
Entain said that the offer made by MGM, one of the biggest gambling and hospitality companies in the US, significantly undervalued the potential and prospects of Ladbrokes, which is one of the largest, most dominant sports books in the UK across both brick and mortar betting shops and online and mobile gambling sites and apps.









