2024-04-10 17:20:08 ET
Summary
- Speculation rises that BetMGM's sports betting partner Entain Plc could be acquired by Apollo Global.
- MGM may make another offer for its 50% BetMGM partner, taking advantage of Entain's regulatory challenges and management changes.
- Analysts predict that MGM's stock price could reach $53 by early 2025, with potential for a deal with Entain.
MGM: If Entain is in play, watch for BetMGM taking another pass at their 50% partner ...
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If Entain Is In Play, Watch For MGM Taking Another Pass At Its 50% BetMGM Partner