The sudden resignation of Gavin Isaacs as CEO of Entain has reignited speculation regarding a potential takeover bid from MGM Resorts.

Entain Plc, the parent company of Ladbrokes and NEDs, is under scrutiny in Australia for alleged significant violations of anti-money laundering and counter-terrorism financing (AML/CTF) laws.

Australia’s leading gambling operators collectively spent upwards of $240,000 on Facebook advertisements centered around novelty bets for the recent U.S. election.