Law.com reports
The deal is the latest in a string of proposed multi-billion dollar tie-ups between US and UK betting companies.
Clifford Chance and Jones Day are advising on a proposed tie-up between U.S. casino operator Bally’s and U.K. gambling business Gamesys in a transaction worth more than $2.5 billion.
The deal is the latest example of U.S. betting companies seeking to expand their footprint with established U.K. gambling businesses in the wake of a U.S. Supreme Court ruling made in 2018 that paved the way for sports betting to be legalised across the states