Ladbrokes Coral Group launches following $2.81 billion merger

Ladbrokes Coral Group launches following $2.81 billion merger

After 18 months of negotiations, British sportsbetting operators Ladbrokes and Gala Coral Group Limited have completed their $2.81 billion merger to create the biggest retail bookmaker in the United Kingdom with some 3,500 shops. In a filing with the London...
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Merging British sportsbetting operators to sell 359 shops

Merging British sportsbetting operators to sell 359 shops

As part of their previously announced planned merger, British sportsbetting operators Ladbrokes and Gala Coral Group Limited have revealed that they will be offloading 359 licensed betting shops to rivals Betfred and Stan James. Via a joint statement released ...
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The Rank Group remains on the lookout for merger and acquisition opportunities

The Rank Group remains on the lookout for merger and acquisition opportunities

After last week failing in its joint $4 billion bid to buy competitor William Hill, British land-based casino and bingo operator The Rank Group has announced that it is still on the lookout for merger and acquisition targets and intends...
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New York community receives first Suffolk OTB Islandia tax relief payments

New York community receives first Suffolk OTB Islandia tax relief payments

Ahead of the planned opening of the Suffolk OTB Islandia facility later this month, operator Delaware North Companies has presented the mayor for the venue’s Long Island host community with two checks worth over $2.5 million. Part of the Buffalo-based...
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Canadian based Amaya Inc and UK based William Hill in talks for possible merger

Canadian based Amaya Inc and UK based William Hill in talks for possible merger

William Hill is one of the most well known bookmakers in the world and operates the biggest network of betting outlets in the United Kingdom, while Amaya Inc, the parent company for PokerStars, the biggest online poker website in the...
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New Jersey regulator approves Borgata purchase

New Jersey regulator approves Borgata purchase

MGM Resorts International’s plan to take full control of the Borgata Hotel Casino And Spa in New Jersey has taken a massive step forward after its proposal received the required approval of the eastern state’s Casino Control Commission. Opened in...
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MGM Resorts International completes Borgata takeover

MGM Resorts International completes Borgata takeover

American casino operator MGM Resorts International has spent $900 million to purchase the 50% stake in the Borgata Hotel Casino And Spa previously held by partner Boyd Gaming Corporation. According to a report from The Press Of Atlantic City newspaper,...
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Horse Racing industry in New Jersey confirms major partnership on eve of casino vote

Horse Racing industry in New Jersey confirms major partnership on eve of casino vote

New Jersey residents will vote today on the North Jersey referendum which seeks to allow two casinos outside of Atlantic City. A deal was confirmed Monday evening that will improve the quality of horse racing in the state and help...
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ESSA establishes presence in Russia with new Fonbet Partnership

ESSA establishes presence in Russia with new Fonbet Partnership

Fonbet, the biggest online betting company operating in Eastern Europe, recently announced that it had signed a partnership agreement with the European Sports Security Association (ESSA). Fonbet which is also the leading online betting operator in Russia decid...
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GameCo Incorporated inks Tropicana Casino And Resort Atlantic City deal

GameCo Incorporated inks Tropicana Casino And Resort Atlantic City deal

Skill-based games innovator GameCo Incorporated has signed a deal with casino operator Tropicana Entertainment Incorporated that will see its video game gambling machines installed at the Tropicana Casino And Resort Atlantic City. The agreement is to see the N...
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Merger decision expected for Gala Coral and Ladbrokes

Merger decision expected for Gala Coral and Ladbrokes

This week, two top United Kingdom betting firms, Gala Coral, and Ladbrokes are expected to hear if the UK’s Competition and Markets Authority (CMA) will allow the proposed merger of the two companies. Reports suggest that the CMA will allow...
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