1. By continuing to use the site, you agree to the use of cookies .This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy.Find out more.
    Dismiss Notice
  2. We have updated our Privacy Policy and Terms of Use, effective May 25, 2018. These changes were made primarily in preparation for the EU’s new data privacy law, the General Data Protection Regulation (GDPR). Please take a look here

    Dismiss Notice
  3. Follow Casinomeister on Twitter | Facebook | YouTube | Casinomeister.us US Residents Click here! |  Svenska Svenska | 
  4. Sister site to Casino Max launches

    Roaring 21 has just launched - sister casino to Casino Max, and they have a special promotion for you!! .They are in the Baptism by Fire - you can check them out here: Roaring 21 BBF and special promo.


    Dismiss Notice
Dismiss Notice

Codeta New Feature: Skill ScoreTM

The Codeta Tech team has developed based on a reasearch with our table game players. A feature that no other operator has on offer, a feature that is there to help our players to become better table game players whether you are experienced or a totally new to table games...

Dismiss Notice
REGISTER NOW!! Why? Because you can't do diddly squat without having been registered!

At the moment you have limited access to view most discussions: you can't make contact with thousands of fellow players, affiliates, casino reps, and all sorts of other riff-raff.

Registration is fast, simple and absolutely free so please, join Casinomeister here!

Speculation mounts on Ladbrokes taking over 888.com

Discussion in 'Sportsbook Information' started by jetset, Jan 14, 2007.

    Jan 14, 2007
  1. jetset

    jetset Ueber Meister CAG

    Occupation:
    Senior Partner, InfoPowa News Service
    Location:
    Earth
    888.COM TAKEOVER SPECULATION INCREASING

    Weekend press reveals Ladbrokes strategy

    Speculation in Britain on the possibility of Ladbrokes taking over the Gibraltar-based 888.com online gambling group went up a gear over the weekend with media reports on the British bookie's alleged strategy.

    Sky TV and the Financial Mail on Sunday reported that Ladbrokes could avoid potential US legal action with a specially-tailored GBP440 million takeover plan for 888, in a strategy which would see it strip out the majority of the latter's assets, rather than acquiring the group as a whole.

    The article quotes a lawyer as saying: "If a company faces criminal liabilities in the US, selling up is not the end of it. The new owner will face the same criminal proceedings. But this new structure could give Ladbrokes an interesting defence by separating the corporate identities of the two companies."

    The situation has been brought about by last summer's US online gaming financial transactions crackdown, which forced a pull-out of many gaming firms, especially in the public sector.

    One analyst pointed out that the proposed move could see Ladbrokes "...have their cake and eat it."

    However, the paper says non-executive directors on the Ladbrokes board have been holding up the talks for weeks by their insistence on scrutinising every legal detail.

    Ladbrokes shares closed at a record high on Friday.
     

Share This Page