MGM Could Mull Another Offer for Entain at 50 Percent Premium, Says Citi Analyst

MGM Resorts International (NYSE:MGM) could ready another takeover offer for its BetMGM partner Entain Plc (OTC:GMVHY) after failing in that pursuit in January 2021. A Ladbrokes betting shop in the UK. Operator Entain could receive another takeover bid from MGM. (Image: Reuters) A combination of Entain’s slumping share price and the US dollar’s strength relative … Read more

Hard Rock Bristol Makes History, Opens Virginia’s First Casino

Hard Rock Bristol made history today by opening as Virginia’s first casino. The exterior of the Hard Rock Bristol temporary casino. The casino is Virginia’s first. (Image: Twitter) The commonwealth, one of the original Thirteen Colonies, ended its centuries-long opposition to casino gambling in 2020. That’s when state lawmakers and then-Gov. Ralph Northam (D) authorized … Read more

Spain’s Gambling Reform Bill Tweaked as Industry Evolves

While different autonomous communities in Spain advance their own frameworks to regulate gambling, the Government of Spain took a step forward, as well. This week, an update to the Gambling Regulation Law appeared in the country’s Official Gazette. La Basilica cathedral, also known as the Sagrada Familia, in Barcelona, Spain. The Mediterranean country continues to … Read more