The FTSE-100 gambling group, owner of Ladbrokes, has initiated the process to sell PartyPoker, aiming to rejuvenate its core operations amidst pressure from activist investors. In a related move, British gambling firm Entain is exploring the sale of several of its overseas brands, as reported by the Financial Times. This strategic shift comes as companies in the gambling sector are reevaluating their portfolios and operations to better align with their long-term objectives.
Marlboro man sells $2.2bn stake in Bud Light-maker https://t.co/4SgJoHsh3g
Entain examines possible sale of overseas gambling brands, FT reports https://t.co/yuGOKNBTYU https://t.co/NHTlYGQ90x
Entain examines possible sale of overseas gambling brands https://t.co/FfuMJxLtIc