GVC Holdings in talks over joint venture to gain access to US sports betting marketThe UK owner of bookmakers Ladbrokes and Coral is likely to seal a $200m (£153m) tie-up with the world’s biggest casino operator this week, to catapult it into the lucrative, newly liberalised US sports betting market.The FTSE-listed gambling group GVC Holdings confirmed on Sunday it is in “advanced talks” to form a joint venture with MGM Resorts to give both partners a foothold in what is forecast to grow into a multibillion-dollar sector. Continue reading…
Via: Ladbrokes owner close to agreeing 0m deal with MGM Resorts

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