Denise Coates, boss of online gambling company Bet365, saw reserves in her foundation rise by almost 50%A charity founded by Denise Coates, the billionaire boss of online gambling firm Bet365, has reduced its donations to good causes from £9m to £6m, d…
$22.4bn bid for Entain underlines value of British online gambling expertise
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…
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…
Gambling firm 888 buys William Hill International in £2.2bn deal
Online casino business signals intention to keep bookmaker’s shops as part of a foray into bricks and mortarThe online casino company 888 Holdings has confirmed its £2.2bn purchase of William Hill International and signalled its intent to keep the book…