The Sunday Times expects the £2.3 billion Ladbrokes-Coral merger to be confirmed this week, with the operators agreeing to sell between 350 and 400 betting shops. Ladbrokes governance cancelled this week’s business presentation by CEO Jim Mullen, in which its leader would further outline the firm’s business strategy under his stewardship. Updating stakeholders, the company has decided to defer Mullen’s …
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The Sunday Times has reported that the governances of Rank Group and 888 Holdings have entered ‘relatively advanced’ negotiations to form a £2 billion merger. Rank and 888 governances are expected to issue market updates on Monday outlining merger discussions, as the UK gambling industry sees further consolidation. As yet, little is known of how the merger transaction will be …
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bet365 owners the Coates family have been ranked 24th in The Sunday Times Richlist for 2016, with an estimated wealth of £3.8 billion. The UK newspaper reports that Denise (CEO), brother John (Co – CEO) and father Peter (Chairman) combined wealth gained £1.4 billion in the past twelve months, moving the Coates into the top 25 richest people living in …
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Leeds-based independent online gambling company Sky Betting & Gaming (SB&G) was last night confirmed as the only gaming company to make it into the prestigious Sunday Times 100 Best Companies to Work For list. The company was granted two-star status, entered the list at number 94 after less than a year as an independent company, and won a special learning …
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Fred Done owner of Betfred is reported to be closely monitoring the £2.3 billion merger of Ladbrokes and Coral. Speaking to The Sunday Times, Done detailed that his firm were preparing to bid for as many as 500 retail betting shops he believes will be sold in order for the merger to satisfy UK regulatory competition terms and conditions. At …
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