July 28, 2018 / 12:51 PM / in a year
UK betting group GVC holds joint venture talks with MGM Resorts
LONDON, July 28 (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)