Ladbrokes Coral Group | World Casino News

William Hill blames new FOBTs rules on decision to shut up to 700 shops

July 6, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Economy/Finance, Employment & Careers, The Players Lounge, Sports betting, United Kingdom

In the United Kingdom, giant bookmaker William Hill has reportedly announced plans to close up to 700 shops as it looks to offset some £820 million ($1.02 billion) it is due to lose as a result of the nation’s ...

GVC Holdings granted provisional Nevada online sportsbetting license

Adam Morgan

May 24, 2019

Latest Casino and Gambling News, The Players Lounge, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Nevada

Despite controversy surrounding its previous dealings in Turkey, online casino and sportsbook operator, GVC Holdings, has reportedly been granted permission to begin offering its services to players in the west...

GVC Holdings heralds results from ‘a transformational year’

Adam Morgan

March 6, 2019

Isle of man, Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

British online casino and sportsbook operator, GVC Holdings, has released its financial results for 2018 showing that it experienced a 9% increase year-on-year in net gaming revenues to well over £3.5 billion (...

Ladbrokes Coral Group facing FOBTs accusations

Adam Morgan

February 12, 2019

Latest Casino and Gambling News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Labor Relations, United Kingdom

In the United Kingdom, the Gambling Commission regulator is reportedly set to seek assurances from giant bookmaker, Ladbrokes Coral Group, that it is not incentivizing staff to push play on its collection of fi...

Ladbrokes punished by Belgian gaming regulator

Adam Morgan

August 13, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Belgium, Licenses, Sports betting, Fines, Lawsuits & Litigation

In Belgium, the Ladbrokes-branded service of British sportsbetting giant, Ladbrokes Coral Group, is reportedly due to be prohibited from offering any wagers for one day early next month after falling foul of lo...

GVC Holdings shares climb following MGM Resorts International deal

Adam Morgan

July 30, 2018

Latest Casino and Gambling News, U.S.A., Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships

Shares in online casino and sportsbook operator, GVC Holdings, reportedly hit a record high earlier today on the back of news that the Manx firm had inked a joint venture agreement with American casino giant, M...

Sarah Hanratty set to lead The Senet Group from August 6

Adam Morgan

June 28, 2018

Latest Casino and Gambling News, Employment & Careers, United Kingdom

In the United Kingdom, The Senet Group responsible gambling standards body has announced that Sarah Hanratty (pictured) has been hired to fill the Chief Executive Officer post left vacant following the recent d...

SG Gaming and Ladbrokes Coral Group ink landmark 7-year deal

K Morrison

June 19, 2018

Latest Casino and Gambling News, Game manufacturers, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

Las Vegas-based Scientific Games Corporation (NASDAQ: SGMS), announced on Friday that its UK gaming arm, SG Gaming, has agreed a seven-year deal with London-headquartered betting and gambling company, Ladbrokes...

Cirsa Gaming Corporation SA sold to The Blackstone Group

Adam Morgan

April 30, 2018

Bingo, Latest Casino and Gambling News, Central & South America Gaming, Sports betting, Mergers, Acquisitions & Partnerships, Italy, Spain

Spain’s largest casino operator, Cirsa Gaming Corporation SA, has reportedly been purchased by American private equity management firm The Blackstone Group via a deal that is rumored to be worth as much as €2.5...

British bookmakers see stock values tumble amid FOBTs speculation

Adam Morgan

April 25, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, The Players Lounge, Taxation, United Kingdom

In the United Kingdom, yesterday reportedly saw the combined value of a trio of the nation’s largest bookmakers drop by more than £1 billion ($1.39 billion) after rumors emerged that the government is preparing...

Playtech completes Ladbrokes omni-channel functionality deal

Adam Morgan

April 12, 2018

Latest Casino and Gambling News, Technology, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

Last month saw online casino games and systems innovator Playtech complete its deal to provide the Ladbrokes-branded betting shop estate of British sportsbetting giant Ladbrokes Coral Group with omni-channel fu...

GVC Holdings okayed to proceed with Ladbrokes Coral Group purchase

Adam Morgan

March 21, 2018

Latest Casino and Gambling News, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom, the Competition and Markets Authority watchdog has reportedly approved the £4 billion ($5.6 billion) purchase of local sportsbetting giant Ladbrokes Coral Group by GVC Holdings after dete...

GVC Holdings to acquire controlling stake in Crystalbet

Adam Morgan

March 6, 2018

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Georgia-Eurasia

After inking a $5.5 billion deal late last year to purchase British rival Ladbrokes Coral Group, online gambling and sportsbetting giant GVC Holdings has now announced that it will be spending a more modest $51...

GVC Holdings hit with Greek tax bill

Adam Morgan

January 26, 2018

Latest Casino and Gambling News, Sports betting, Taxation, Greece

Online gambling firm GVC Holdings has reportedly set aside some €200 million ($248.6 million) from its 2017 results after unexpectedly being asked by the government of Greece to pay a tax bill of around €186.7 ...

Rugby Football Union teams up with ESSA Sports Betting Integrity

Adam Morgan

January 26, 2018

Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

The governing body for the sport of rugby union in England has announced the signing of a memorandum of understanding that will see it begin utilizing a monitoring and alert system developed by international an...