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GVC and Ladbrokes Takeover Deal Is the Latest Gambling Industry Consolidation Effort
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The massive wave of consolidation that has been seen in the UK gambling market over the past few years and of which Casino Guardian has already reported on several occasions, does not seem to be slowing down. The end of March once again saw a demonstration of the quickly-changing nature of the local gambling industry, with two of the largest betting operators joining forces in a single entity.
The last days of March 2018 saw one of the largest deals in the UK gambling market, with the takeover agreement between GVC Holdings and Ladbrokes Coral being finalised. Less than year and a half after Ladbrokes and Gala Coral completed their merger on November 1st 2016, the company formed by two of the oldest and largest players on the gambling is becoming part of a company which was established only less than two decades ago.
So, it seems that the consolidation efforts of gambling operators in the UK are still on the agenda, with the operators trying to stay strong in order to face the stricter rules that are being imposed by gambling regulators.
Source: European Gaming Industry News