Gambling News 01st November, 2016

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SPORTECH'S THE FOOTBALL POOLS ACQUISITION DEAL FAILS (Update)

01st November, 2016 at 12:03:04
Focus on maximizing opportunities continues.

Sportech Plc's GBP 97.25 million acquisition discussions with Burlywood Capital LLC regarding the sale of The Football Pools (see previous reports) have failed.

Full Story: Sportech's The Football Pools Acquisition Deal Fails (update) »

LADBROKES GALA CORAL MERGER COMPLETED (Update)

01st November, 2016 at 12:03:04
New chapter begins.

The Ladbrokes merger with certain Gala Coral Group businesses, including Coral Retail, Eurobet Retail and Gala Coral's online businesses, is complete.

Full Story: Ladbrokes Gala Coral Merger Completed (update) »

MALAYSIAN ONLINE GAMBLING BUST

01st November, 2016 at 12:03:04
Six premises targeted.

Malaysian authorities have detained twelve people following a raid involving six premises in the Nilai District. Eleven of the 12 detainees were reportedly customers.

Full Story: Malaysian Online Gambling Bust »

MACAU REVENUE UP IN OCTOBER (Update)

01st November, 2016 at 06:45:38
Third month running of increased revenues.

October proved to be a good month for Macau operators for the third month running, with gambling revenue up 8.8 percent year-on-year despite wider industry fears of a renewed Chinese government clampdown on high rollers (see previous reports).

Full Story: Macau Revenue Up In October (update) »