Saturday, June 25, 2022


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Ladbrokes and GVC renew talks on $5.2 billion merger


GVC is in detailed talks for a GBP3.9 billion ($5.23 billion) acquisition of Ladbrokes Coral, the two companies said in an announcement to the London

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Bookie mega merger still leaves room for growth


Australia’s booming sports betting market is still seen as being attractive to foreign investors despite the merger of local incumbents Tatts and Tabcorp, which are now expected to dominate the market. Opponents to the merger say the combination will...

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Luxbet could face the chopping block: Tabcorp chief


Tabcorp chief executive David Attenborough says the company’s Luxbet brand may be axed after its merger with Tabcorp, The Australian reports. Speaki

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Tabcorp Tatts merger decision deadline moved to Sept


The decision on whether the proposed merger between Australia-listed Tabcorp and Tatts Group will be allowed to go ahead has been extended by three mo

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Tabcorp lodges application with competition tribunal


Australia-listed Tabcorp has lodged an application with the Australian Competition Tribunal for authorization to proceed with its merger with Tatts Gr

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ACCC to further examine Tabcorp Tatts merger


Australia’s competition regulator says it will examine the proposed merger between wagering giants Tabcorp and Tatts Group “in greater detail”,

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Tabcorp edges closer to merger with 10 percent Tatts stake


Tabcorp has confirmed it has grabbed a 10 percent stake in Tatts Group in a strategic move to shore up the $11 billion merger between the two. Accordi

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FanDuel, DraftKings merger seen as imminent


The two biggest daily fantasy sports companies are close to joining forces under the leadership of DraftKings co-founder Jason Robins, Bloomberg repor

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Tabcorp faced investor backlash at AGM


Wagering giant Tabcorp was hit with investor backlash in its latest annual general meeting over a proposed increased pay packet for its executives and

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Tabcorp, Tatts Group announce merger


Australia's Tabcorp Holdings and Tatts Group have agreed to a A$11.3 billion ($8.7 billion) merger, in a deal which analysts say could help defend aga

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Tabcorp, Tatts Group in merger talks


Australia-listed Tabcorp and Tatts Group said on Tuesday that they are in talks to create a A$9.34 billion ($7.1 billion) betting giant, Reuters repor

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Amaya and William Hill drop merger talks


Amaya has announced it has decided to end talks regarding a potential merger with William Hill. “...Upon the unanimous recommendation of the Special

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Duterte pushes for Pagcor and PCSO merger


Philippine president Rodrigo Duterte is pushing for the merger of state-owned gaming companies, Philippine Amusement and Gaming Corp (Pagcor) and lott

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Merger costs drops Paddy Power into 16H1 loss


International bookmaker Paddy Power Betfair reported 16H1 results this week, including results of Australian operator Sportsbet. The gambling giant, c

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Tatts Group and Tabcorp merger to remain on ice


Australia’s Tatts Group has told investors its $9 billion merger with rival Tabcorp will remain “on ice” due to concerns related to the bidding

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Paddy Power Betfair says Australia growth offset impact of higher taxes in UK


Paddy Power Betfair is reportedly bullish of the year ahead following their merger, thanks to growth in Australia, reports the Financial Times. Irish

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Betfair – Paddy Power merger on course for 16Q1


The merger between Paddy Power and Betfair is all set to be completed early next year, according to Betfair CEO Breon Corcoran.  During the exchange

Ladbrokes signs £1.35 billion facility with banks


Listed bookmaker Ladbrokes has signed a £1.35 billion ($2.07 billion) facility with a syndicate of relationship banks to provide committed financing

Ladbrokes restructures trading team as Richard Harkness departs


Long-serving Ladbrokes head of greyhound trading Richard Harkness revealed to the Racing Post that he has accepted a voluntary redundancy package, eff

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