MGM Opts Out of Entain Bidding

MGM Resorts made an $11 billion play to acquire U.K.-based online gaming firm Entain, but the play fell short. Rather than up the offer, MGM folded. Meanwhile, Entain has named Jette Nygaard-Andersen (l.) to replace former CEO Shay Segev.

MGM Opts Out of Entain Bidding

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