Analysis: overturning of prohibition on sports wagers in US has triggered a 21st-century gold rushThe blockbuster $22.4bn (£16.4bn) bid for Ladbrokes and Coral owner Entain underlines just how valuable British online gambling expertise has become.Its p…
A windfall tax? Kwarteng better be sure it doesn’t get messy | Nils Pratley
The gas crisis is global and HM Treasury can hardly send an invoice to Gazprom or QatarHere’s a development in the energy crisis we didn’t expect from a free-market business secretary: talk of a windfall tax on companies that are making big profits fro…
Markets rally as Evergrande fears ease; CO2 prices to rise sharply – business live
Rolling coverage of the latest economic and financial newsLatest: Supply chain problems to hit Germany’s recoveryCO2 prices to jump, government warnsFull story: Bailout of US CO2 supplier will cost UK taxpayers ‘millions’Evergrande strikes deal over on…
Ladbrokes owner bet big that it was undervalued. It won … big
Liberalisation of US gambling law is fuelling a wave of buyouts of more tech-savvy UK betting firmsThe stock market bargain during the wild pandemic trading of March 2020, it turns out, was the owner of antique betting chains Ladbrokes and Coral. In th…
DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain
Shares in FTSE 100 gambling company rise by almost a fifth after approach from US rivalEntain, the gambling company behind Ladbrokes and Coral, has received a $20bn takeover approach from DraftKings – the latest swoop by an American rival.Shares in Ent…