Zambia keeps lending rates unchanged, eyes resolution in IMF debt talks – Yahoo Finance

Zambia keeps lending rates unchanged, eyes resolution in IMF debt talks – Yahoo Finance

Bloomberg

Ladbrokes Parent Goes From Prey to Hunter in Casino-Merger Boom

(Bloomberg) — Entain Plc, the owner of Ladbrokes betting shops, is considering making a bid for some William Hill assets, targeting a competitor just months after rebuffing an unsolicited $11 billion takeover approach from MGM Resorts International.Chief Executive Officer Jette Nygaard-Andersen, who took over in January, plans to look at the non-U.S. assets of William Hill Plc that Caesars Entertainment Inc. is putting up for sale, including the well-known U.K. properties.“We’re looking at everything, so we’re certainly also looking at whether this could be an interesting opportunity,” she said in a recent interview.A deal would bring about tremendous consolidation in British betting shops, where Entain already has a 40% share. Bloomberg reported last year that the company, under a previous CEO, had also been interested in buying the non-U.S. assets of William Hill.The global online gambling market is expected to grow by double digits annually to as much as $158 billion by 2028. That’s sparked a global race by casino operators, sports team owners, media companies and private equity firms looking to establish a strong position in the fast-growing business.Entain itself almost became prey. In January, the parent of U.K. bookmakers Ladbrokes and Coral rejected MGM’s offer as too low and appointed Nygaard-Andersen, an existing board member, as its CEO.“I
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