Gambling firms Paddy Power and Betfair have managed to clear all regulatory hurdles, allowing a merger to take place early in February. The UK’s Competition and Markets Authority gave the two companies to the green light for a merger in December 2015. That was closely followed by Ireland’s Competition and Consumer Protection Commission, which said… Read more »
Paddy Power and Betfair, two of the biggest gambling companies in Europe, are set to merge according to reports in The Guardian today. The newly formed company will become one of the largest online gambling companies in the world and is likely to cause a stir amongst some of the industries heavyweights. Under the terms… Read more »
British bookmakers Ladbrokes and Gala Coral on Friday agreed a merger between the two companies with an estimated value of £2.3 billion ($3.4 billion). The merger will create a business with the largest high street presence and the potential to become one of the biggest players in the online gambling market. Ladbrokes told the market… Read more »
