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Ladbrokes Coral Bought by Online Rival for £4bn

Discussion in 'Casino Industry Discussion' started by GourdFollower, Dec 22, 2017.

    Dec 22, 2017
  1. GourdFollower

    GourdFollower Moderator Staff Member CAG MM

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    Cash and shares tie-up will create online-led global gambling giant with Foxy Bingo owner controlling 53.5% of enlarged group... (To read the full article on the Guardian website, go to: You must register/login in order to see the link..)
    Also on the BBC news website:

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    Ladbrokes Coral has agreed to be bought by online rival GVC in a deal worth up to £4bn. Under the deal, shareholders in GVC - which owns the Bwin, Sportingbet and Foxy Bingo brands - will hold 53.5% of the combined group. Ladbrokes Coral became the UK's biggest High Street bookmaker following last year's merger of Ladbrokes and Coral.
    (To read the full article on the BBC website, go to: You must register/login in order to see the link..)​
     
    Last edited: Dec 22, 2017
    KasinoKing, ternur and zellie like this.
  2. Dec 22, 2017
  3. dunover

    dunover Unofficial T&C's Editor CAG PABnononaccred PABnonaccred mm3 webmeister

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  4. Dec 22, 2017
  5. maxd

    maxd Complaints (PAB) Manager Staff Member

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    To be fair having the headline as the thread title makes it a lot clearer what the content is. (I hadn't seen dunny's article either)

    And, since it's big industry news, posting it in "Industry Discussion" forum seems maybe the more likely place for it.

    Just my 2 cents.
     
  6. Dec 22, 2017
  7. steveh35

    steveh35 Senior Member

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    dunover likes this.
  8. Jan 5, 2018
  9. ed skull murphy

    ed skull murphy Newbie member

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    It's officially called a takeover, but with a 53.5/46.5 split, it's almost a partnership or perhaps a joint venture. Personally I think Ladbrokes/Coral needed a kick up the ass, their platforms are as dreary as f**k.

    Isn't 'dunny' the Aussie slang term for a lavatory? :)
     
  10. Jan 5, 2018
  11. maxd

    maxd Complaints (PAB) Manager Staff Member

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    Saltirelandia
  12. Jan 9, 2018
  13. lewisnadasurf

    lewisnadasurf Experienced Member

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    I work for LC - gotta say, having been stressed for 6 months or so about having a job, and getting it, then news of this, with more "synergies" being discussed. Its outrageous for staff tbh. Not that any of you care, but hey ho.
     
  14. Jan 9, 2018
  15. ed skull murphy

    ed skull murphy Newbie member

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    I care, and I know that there are good people at LC, I've spoken on the phone with them, or dealt with them in the shops, but the platform is still back in the stone age of online gambling, which needs addressing, and the customer support leaves a lot to be desired as well.
     
  16. Jan 9, 2018
  17. lewisnadasurf

    lewisnadasurf Experienced Member

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    I cant disagree, even back when i could have gambled with Coral or Lads, i didnt. the sites are horrible, as are the game selections.
     

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