Lack Of Growth Is Driving Consolidation In U.k. Gambling Industry

London analyst discusses prospects for Ladbrokes, Coral, William Hill, Betfair and Playtech

Discussing the UK gambling industry in a Proactive Investors interview Friday, Market analyst Stephen Schutte said a lack of growth is the main driving force behind the wave of consolidation deals among UK bookmakers, and that smart bookmakers ensure they have digital as well as land-based operations.
In a wide ranging discussion Schutte talked about the impact of the Ladbrokes-Coral merger (see previous InfoPowa reports) and whether it would prompt William Hill to make further acquisitions. He also discussed the short sellers and Betfair, and Playtech's prospects.
Tune in here for his interesting take on recent developments in the industry:
http://www.proactiveinvestors.co.uk/companies/stocktube/4063/uk-gambling-sector-odds-on-for-more-ma-says-markit-analyst-4063.html

Online Casino News Courtesy of Infopowa