Paddy Power Betfair gets into the “race” for CrownBet

28 Nov 2017

Paddy Power Betfair CrownBet_1As you have already read in the bookmakers.bet, William Hill are in preliminary discussions with Crown Resorts for the 62% of CrownBet in an effort to get in the Australian betting market.

According to latest information, another giant UK bookmaker, Paddy Power Betfair, is interested in CrownBet .

The company has already a leading role in Australian gambling business. Following the latest reports, there was a rise in the group’s shares to 3,08% in Dublin and 4% in London.

From its own side, the rival bookmaker, William Hill stated about the last week’s speculations. "Following media speculation, William Hill confirms that it is in very preliminary discussions with CrownBet, the 62% owned online wagering business of Crown Resorts, regarding a possible combination of William Hill Australia, a wholly owned subsidiary of William Hill, and CrownBet. However, there is no certainty that these preliminary discussions will lead to any transaction."

These business moves are set to be increased by most of the UK bookmakers, as they want to offset the threat of stricter regulation in UK and there will be further developments after the government’s decision on FOBTs next year.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Kaizen Gaming’s online bookmaker Betano has finalised a deal with the Romanian Football Federation, which allows it to become the naming partner...

Read more »

The online sportsbook Vbet has extended the partnership with AS Monaco for three more years until 2025. The deal, which began in 2020, will allow the ...

Read more »

The Ministry of Culture and Gender Equality in Norway has begun consultations to introduce a new Gambling Act to replace the Lottery Act, the Totaliza...

Read more »

The online gaming giant Entain, the owner of brands like Interwetten, has won the Advanced Safer Gambling Standard award by GamCare for providing play...

Read more »

One of the pioneers of online betting, Interwetten, has signed a new regional long-term sponsorship deal with English football giants Liverpool FC. Fa...

Read more »

The global online sportsbook 1xBet recently paid out some big winnings. A bettor from Yaounde, Cameroon, signed up with the bookie and placed a 12 eve...

Read more »

The international online sportsbook NetBet has added Apple Pay as a payment option for French players giving locals another top-notch method for depos...

Read more »

The online gambling operator Kindred Group, which incorporates several brands like Unibet, has announced that it will further contribute to the mental...

Read more »

The Treasury of Kenya has published the 2022 Finance Bill, which re-introduces the controversial 20% tax rate on wagering stakes. Despite the protests...

Read more »

The international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform’s global integr...

Read more »

LATEST BOOKMAKER PROMOTIONS