Entain and MGM enjoying a 'great marriage' despite speculation swirling around BetMGM
There has been plenty of speculation about the future of BetMGM, Entain and MGM Resorts' US joint venture, but it was all sweetness and light when the partners' respective chief executives were quizzed on the subject last week.
Analysts have raised the possibility of US casino giant MGM making a bid for Entain in recent weeks, although the American company has been distracted by a cyber-attack in September which cost it $100 million.
MGM first made an offer for Entain in 2021, which was rebuffed, but rumours it might return with another bid have never gone away, even after MGM's chief executive Bill Hornbuckle told analysts in February: "The simple answer on Entain is no, we've moved on."
Read the full story
Read award-winning journalism from the best writers in racing, with exclusive news, interviews, columns, investigations, stable tours and subscriber-only emails.
Subscribe to unlock
- Racing Post digital newspaper (worth over £100 per month)
- Award-winning journalism from the best writers in racing
- Expert tips from the likes of Tom Segal and Paul Kealy
- Replays and results analysis from all UK and Irish racecourses
- Form study tools including the Pro Card and Horse Tracker
- Extensive archive of statistics covering horses, trainers, jockeys, owners, pedigree and sales data
Already a subscriber?Log in
Copy- 'It would be nice if they'd listen' - independent bookmakers spell out concerns to government over statutory levy rate
- 'We don't need a default of asking for documentation' - Andrew Rhodes discusses the new code for customer checks
- 'The industry is in a good and positive place' - Brigid Simmonds looks back on her time at the Betting and Gaming Council
- Government says it is working 'at pace' to have white paper measures in force by the summer
- The Gambling Commission has launched its new corporate strategy - but what are the key points?
- 'It would be nice if they'd listen' - independent bookmakers spell out concerns to government over statutory levy rate
- 'We don't need a default of asking for documentation' - Andrew Rhodes discusses the new code for customer checks
- 'The industry is in a good and positive place' - Brigid Simmonds looks back on her time at the Betting and Gaming Council
- Government says it is working 'at pace' to have white paper measures in force by the summer
- The Gambling Commission has launched its new corporate strategy - but what are the key points?