U.S. Markets close in 5 hrs 37 mins
  • S&P 500

    3,858.02
    +16.55 (+0.43%)
     
  • Dow 30

    30,916.71
    -80.27 (-0.26%)
     
  • Nasdaq

    13,719.74
    +176.68 (+1.30%)
     
  • Russell 2000

    2,173.49
    +4.73 (+0.22%)
     
  • Crude Oil

    52.38
    +0.11 (+0.21%)
     
  • Gold

    1,851.10
    -5.10 (-0.27%)
     
  • Silver

    25.47
    -0.09 (-0.34%)
     
  • EUR/USD

    1.2130
    -0.0044 (-0.3639%)
     
  • 10-Yr Bond

    1.0640
    -0.0270 (-2.47%)
     
  • Vix

    22.65
    +0.74 (+3.38%)
     
  • GBP/USD

    1.3665
    -0.0019 (-0.1408%)
     
  • USD/JPY

    103.8460
    +0.0850 (+0.0819%)
     
  • BTC-USD

    34,331.13
    +883.88 (+2.64%)
     
  • CMC Crypto 200

    691.45
    +14.55 (+2.15%)
     
  • FTSE 100

    6,645.93
    -49.14 (-0.73%)
     
  • Nikkei 225

    28,822.29
    +190.84 (+0.67%)
     

Entain says MGM's $11 bln bid undervalues company

Ladbrokes owner Entain on Monday said that an $11 billion takeover approach from U.S. casino operator MGM Resorts significantly undervalued its business, as companies move to capitalize on an expected boom in U.S. sports betting. Fred Katayama reports.