Rumours are floating around the industry about the potential sale of Irelands biggest independent bookmaker, Boylesports. Obviously at this point in time everything is still very hush hush, but Entain are reportedly an interested party. Entain themselves were the target of a failed take over bid by MGM last year, followed by another by DraftKings; but…
Category: Mergers and Aquisitions
June Set for 888’s William Hill Acquisition
It was last September that 888 emerged as the winners in a bidding war for William Hill‘s European and UK assets. The company had been acquired by Caesars Entertainment in April of 2021, but they made no secret of their intentions. They had no use for William Hill’s fleet of UK high street shops or…
Ladbrokes Bounce Betdaq Back to Dermot Desmond
Eight years ago, Ladbrokes took a shine to the UK’s second largest betting exchange, Betdaq, parting with £25 million for the company which went into the pocket of Dermot Desmond, the man who started it all. It has now been confirmed that the betting exchange is heading right back to where it came from, only…
DraftKings bid for Entain – The Gold Rush Continues
The online gambling American gold rush continues with the latest takeover bid for a UK company. Ladbrokes and Coral owner, Entain, turned down a bid from their own American partner MGM earlier in the year, saying that the £8 billion offered significantly undervalued the company, but now a new suitor has taken up the scent….
888 Win the Day in Battle for William Hill
It’s been a long drawn out affair, but the saga of William Hill has finally come to its’ conclusion. The much loved British betting brand has been the subject of takeover talks for well over a year now, with many suitors clambering to acquire the company. It was back in September of 2020 that Caesars…
William Hill UK Back Up For Sale
As was suspected when the news first broke of Caesars takeover, the suspected sale of William Hill’s UK assets is going ahead. If you have no idea what i’m talking about, here’s a quick recap. Caesars Entertainment made a successful bid for William Hill back in October, beating off stiff competition from Apollo Global Management…