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MGM Chief Executive William Hornbuckle said in a post-earnings call on Wednesday that although it remained focused on online sportsbook BetMGM – a joint venture with Entain – it saw great potential in the expansion of Swedish online gaming company LeoVegas, which it bought last year.
Entain’s shares fell as much as 13% to an over one-month low of 1365.5 pence in morning trade.
