UK betting group GVC holds joint venture talks with MGM Resorts

LONDON (Reuters) – British betting group GVC Holdings PLC, which owns the Coral, Ladbrokes and Sportingbet brands, said on Saturday it was in advanced talks about a joint venture with U.S. hotel and casino operator MGM Resorts.

“The Group can confirm that discussions are at an advanced stage regarding such a joint venture and will update the market when appropriate,” GVC said in a statement.

Reporting by David Milliken, Editing by William Maclean



Learn More about forex signals review

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

REUTERS NEWS SCHEDULE AT 1100 GMT/0600 ET

UK betting group GVC holds joint venture talks with MGM Resorts