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Breakingviews - UK bookie's mini-M&A lengthens odds of a mega-deal

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Breakingviews - UK bookie's mini-M&A lengthens odds of a mega-deal

Entain is on a dealmaking spree. Jette Nygaard-Andersen, chief executive of the $10 billion UK bookie, has bought five companies this year for over $1 billion in total. Her swoop for Croatia's SuperSport, announced on Thursday, exemplifies the logic. Entain wants to plant flags across the map so that a regulatory crackdown in one country, like the United Kingdom, makes less overall difference. There are also savings in switching smaller bookies' systems for Entain's.

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Breakingviews - UK bookie's mini-M&A lengthens odds of a mega-deal

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Breakingviews - UK bookie's mini-M&A lengthens odds of a mega-deal

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