Break down in the talks between GVC and Ladbrokes-Coral

14 Dec 2016

Ladbrokes-CoralThe last few days the whole betting industry was buzzed by the rumored deal between Ladbrokes-Coral and GVC Holdings. According to those rumors, the British company was about to be acquired by Bwin’s mother company, creating a betting industry giant. The rumors appeared to be true after all, but the final chapter of this story was the break down to the conversations between the two sides.

The two companies begun their talks over with an initial deal valuing recently-merged Ladbrokes-Coral at £3.2 billion, meaning 3.8 billion euros. Until now neither of the two sides have commented anything about the break down officially, but to the British side there was another blow and this was the shares drop at a rate of 9% on Monday after the news broke in the industry. The merger would be not only a great surprise, but it would also create a colossal company. We should remind that GVC acquired Bwin.party in February 2016, Betfair merged with Paddy Power in the same month, and Coral merged with Ladbrokes in November 2016.

Why choose Coral

An innovative traditional bookie
  • Traditional British bookie
  • Huge number of betting selections
  • Competitive odds
  • Attractive live betting section
  • Suitable for greyhounds and horse racing bettors
  • Transactions free of charge
  • Possibility to bet via telephone
  • Mobile applications
Play Now
Bet £5 get £20
BOOK SPY
BOOK SPY BONUS REVIEW

If you would like more flexibility in betting, then Coral is the bookmaker you’re looking for. A lot of combined bets are offered in almost every match, making the number of available selections the highest In the world. Their 90 years of betting experience is a sign of stability, while their recent strategy consists of merges with other bookmakers given that they wish to remain on the top. Their easy to use mobile app is one of their greatest plus, as well as the huge section of non-sports betting options (casino, slots, virtual sports). We’d like to see more currencies being accepted (especially EUR and USD) beside the British Pound, which is the only option so far.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

  The English Football League (EFL) defends its gambling sponsorships, as the UK government considers a potential prohibition on all betting oper...

Read more »

William Hill posted a positive Q3 net revenue increase in its online operations. It announced a 4% increase in the UK and 6% internationally for the t...

Read more »

The Spanish Directorate General for the Regulation of Gambling (DGOJ) has awarded a gambling license to William Hill’s sports betting subsidiary Mr Gr...

Read more »

The Regional Council of Darmstadt in Germany has awarded its first 15 betting licenses with immediate effect. Among the renowned operators that now ho...

Read more »

GVC Group, owner of Ladbrokes and Coral, has put pen to paper on the acquisition of Portuguese online operator Bet.pt in an effort to expand its posit...

Read more »

The Lithuanian Gambling Supervision Service, running under the Ministry of Finance, has issued updated ‘know-your-customer’ guidelines in an effort to...

Read more »

US casino operator Caesars Entertainment has reached terms to overtake British bookmaker William Hill through a £2.9bn deal. The deal, typically await...

Read more »

The renowned sports betting operator 22Bet has decided to completely cease its operations in the United Kingdom as of October 13, 2020. All of its pla...

Read more »

Everton has landed yet another important deal by teaming up with Parimatch, appointing it as the club’s official betting partner in Europe and in the ...

Read more »

Online sports betting operator 22Bet has reached an agreement with French Ligue 1 champions Paris Saint-Germain. The two-year deal, ending 2022, will ...

Read more »

Latest Betting Offers