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MGM makes bid for Entain (PartyPoker, GVC, Ladbrokes, Coral, Gala, Eurobet)


Bart(UK)

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MGM Resorts have made an $11bn (£8.1bn) offer for Entain, the former GVC Holdings, which itself picked up PartyPoker in recent years. 

Entain owns the Ladbrokes, PartyPoker, Bwin, Eurobet, Coral, Gala poker brands together with Foxy Bingo. 

Just the latest in attempts from Bricks & Mortar casinos to get a foothold in the online gaming sphere, heightened by the impact Covid has had on their core business. 

I personally don't foresee any immediate concern for players/members, if approved which is far from guaranteed, MGM would likely run pretty much as is, other than the usual rebranding & consolidation of existing brands. Just my opinion, but posted to raise awareness amongst members.

Entain have stated the bid is too low, so may be one that rumbles on for a while.  

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