During the height of the pandemic many businesses had no idea how or even if they would survive and make it out the other side. High street bookies were no different, and just like many other businesses many took advantage of the Government’s furlough scheme, allowing them to keep their staff members on full pay…
Tag: Coral
Entain Agree New Deal With Oddschecker
Most online bettors will know of Oddschecker. It’s an odds comparison site where punters can quickly scan to see if they can get a better price for the market they want to bet on somewhere else, among others things. Well, in July last year I wrote about how GVC Holdings (as Entain were then called)…
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…
Criminal Group Steal Over £660k from Betting Shops
You might well think that robbery on this scale would be impossible in this day and age, with all the security technology that can be built into computers and the improvements in CCTV etc. However, a group of four have managed to steal £663,556 from betting shops up and down the UK using a bank…
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….
MGM £8.1 Billion Bid for Entain Rejected
If someone offered you £8.1 billion for your business would you sell it? Entain (the new brand name of GVC) wouldn’t. MGM Resorts yesterday put the huge offer on the table, but were knocked back by the owners of brands such as Ladbrokes, Coral, and Betdaq. Entain believe the offer, representing £13.83 per share, does…