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The owner of bookmaker Ladbrokes is on alert for a £10billion takeover bid as a restriction on its US suitor from making a fresh offer for the gaming giant ends tomorrow. In January, Entain - which also owns Coral, Gala Bingo and Sportingbet - rejected an £8billion all-share offer from US-based casino giant MGM Resorts International.  A bad sign: In January, Entain rejected an £8billion all-share offer from US-based casino giant MGM Resorts InternationalThe collapse of the negotiations led to MGM dropping its pursuit.  
  
Under Takeover Panel rules it was prevented from returning with a fresh bid for six months. The restriction on MGM ends tomorrow, leading to heated speculation in the City that the American group is preparing a new takeover offer for the FTSE100-listed firm. MGM wanted Entain to help it expand in the fast growing US online gaming and sports-betting market.  RELATED ARTICLES Share this article Share HOW THIS IS MONEY CAN HELP The two companies have a joint venture together.  
  
In January, MGM offered £13.83 a share. On Friday, the London-listed company's shares closed at £18.21. A spokesman for Entain declined to comment.       
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