UK betting giant Entain takes punt on Tabcorp as it eyes up Australian market
Entain owns several betting companies including Ladbrokes, Coral and Sportingbet. (Photo by David Davies - Pool/Getty Images)
Ladbrokes owner Entain has today announced that it has made an offer for betting firm Tabcorp Holdings’ wagering and media business.
The non-binding indicative offer signals a desire from Entain to expand its services in Australia by becoming the country’s biggest betting company owner.