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Casino operator declines to make second bid for UK gambling group, scuppering investors’ hopes for payout
Owner of betting sites Ladbrokes and Coral under scrutiny
Record £17mn fine raises questions about ability of industry to change and efficacy of current regulation
Regulator finds Ladbrokes owner fell short over anti-money laundering and safer gambling rules
Electricals retailer and gaming group expect rising inflation to hit demand
Ladbrokes and Bwin owner says high-street gambling is close to pre-pandemic levels
Many providers hope pre-emptive action on addiction and abuse will soften approach on legal overhaul
Ladbrokes owner upgrades lower end of forecast to predict profit between £875m and £885m
US betting group decides against formal offer a week after bid deadline was extended
UK gambling group says two parties still in talks on terms of £18.4bn offer
Group targeted by DraftKings and MGM clings on to double-digit rate as end of lockdowns weighs on revenues
The £18.4bn approach from US sports betting company comes as domestic market enjoys explosive growth
US group’s bid for UK rival highlights how consolidators are upping the ante
Ladbrokes-owner announces deal for Unikrn as gambling industry’s regulatory landscape shifts
Despite becoming CEO of the gambling group in the middle of a takeover bid, Jette Nygaard-Andersen seems unfazed
US sports betting venture expects 400% growth in 2022 after pandemic boost
Groups among beneficiaries as consumers spend more on food and entertainment during lockdown
Gambling group continues run of online success but overall growth hit by betting shop closures during lockdowns
Industry is rushing to improve customer protection and fend off tighter regulation
Both companies commit to their retail estates despite pandemic pushing demand online
UK betting group commits to MGM joint venture saying both are in ‘good position . . . to inject further funds’
Wide divergence on valuation expectations between the two ends takeover attempt
Jette Nygaard-Andersen set to take helm after group fended off MGM Resorts’ £8bn takeover bid
Shay Segev’s decision comes in the middle of a takeover battle with MGM Resorts
IAC chairman casts doubt on proposed takeover after Ladbrokes owner rejects £8bn offer
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