Entain could welcome a new board member by the month's end. The immediate resignation of their CEO, along with public criticism from the incoming executive, surfaced less than a week before the speculation.
It remains to be seen if he gains an Entain board seat and what type of change he and his fellow activist investors augur for, but a case can be made that now is an opportune time for the gaming company to consider divesting some or all of its BetMGM position.
It remains to be seen if he gains an Entain board seat and what type of change he and his fellow activist investors augur for, but a case can be made that now is an opportune time for the gaming company to consider divesting some or all of its BetMGM position.