July 28, 2018 / 12:49 PM / a year ago

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)

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