Big news in the gambling industry. Two gambling companies that are among the largest gambling companies in the world are merged. GVC takes over Ladbrokes Coral. This acquisition involves 4.5 billion euros. GVC shareholders will acquire 53.5 percent of the shares of the new combination. For Ladbrokes Coral shareholders, there is 46.5 percent of the shares. GVC is the company behind BWin, among others. Just like Ladbrokes, BWin is active in Belgium.
Acquisition partly in cash and partly in shares
GVC’s takeover of Ladbrokes Coral looks like a merger, but GVC is in control. The majority of the shares are owned by GVC, while Kenneth Alexander, the big boss of GVC, takes the lead. GVC pays around € 233 per Ladbrokes Coral share. That is 19 percent above the value on the exhibition floor. Part of the price is paid in GVC shares. Ladbrokes Coral and BWIn had been discussing a possible merger for some time. Ladbrokes and Coral barely merged a year ago. The merger between Ladbrokes and Gala Coral involved around 2.5 billion euros. GVC and Ladbrokes Coral expect to save 125 to 150 million costs per year with this merger.
-
Ladbrokes Coral
Ladbrokes is one of the largest bookmakers in the UK with almost 3,700 betting offices. A total of 25,000 people work for Ladbrokes, including in the UK, Gibraltar and Israel. Ladbrokes is active in Belgium as an online casino and online bookmaker. It is the only internet casino where you can play on the slot machines of Playtech.
-
GVC Holding
GVC has made several acquisitions in recent years, including the acquisition of BWin.Party in February last year. 2,800 people work for GVC, spread over 15 offices around the world. Well-known brands of GVC are, in addition to BWin, also Party Casino, Sportingbet and Foxy Bingo. BWin is active in Belgium as an online casino and online bookmaker.
Merger and acquisition wave in the gambling world
Several gambling companies are diligently looking for ways to increase their scale. For example, Betfair and Paddy Power previously merged. Leo Vegas took over the online casino Royal Panda. The gambling market in the United Kingdom is under pressure, partly due to increasingly strict rules imposed by the British Gaming Commission and a possible ban on betting machines in the bookmakers’ offices. Quite a few acquisitions are also taking place outside the United Kingdom.
For example, Leo Vegas bought the Italian casino Winga this year. Scientifc Games bought game provider NYX Gaming. Kindred Group (known from Unibet) acquired 32 Red. Together with GVC, Ladbrokes expects to make a better fight against emerging parties such as Mr. Green and Leo Vegas. Ladbrokes’ management unanimously agreed to GVC’s offer, as this offer is seen as the best long-term option.
Find out all about Ladbrokes
Ladbrokes: PSSSST … We have an offer for you
Ladbrokes casino : Online casino & live casino
Place2bet wishes you good luck!
Gamble in moderation. Enjoy the game.
Check the best online dice slot tournaments
Check out the cheapest tournaments
Top 5 casinos
Exclusively for Unibet Casino customers
A guaranteed Jackpot every hour
* Join us and grab that big Jackpot today!
Progressive Jackpots Casinos
Almost every Belgian casino has progressive jackpot games in its arsenal and we list some of them.
- Blitz.be – Has a multiple jackpot – Have a chance to win €25,000.
- Bwin.be Casino – Progressive jackpot games – Among others Book of Myths and Mega Bars jackpot are at €3,000,000 at the time of writing this text.
- Supergame.be – jackpot games – Super Wheels is at +- €10,000 and the 24k jackpot is at €13,000 at the time of this writing.
- Ladbrokes.be – Super heroes jackpot – More than €700,000 to win! Are you ready to take your chance?
- Circus.be – Win the jackpot on Circus! Do you dream of winning the jackpot? Then we have good news because on Circus you have numerous opportunities to hit the jackpot! Enjoy an even more intense gaming experience thanks to jackpots full of Mystery games or real money.
- Casino777.be – Giant Jackpots in the Money Vault
Game providers of Belgian legal online casinos and arcades
Other Belgian Bookmakers
up to 50% more with combos
Ready to boost your multiples?
* Combo Booster is available for both new and existing Unibet -players
Earn on every bet
Take advantage now
* Premium League is available to both new and existing Bet777 players
- Bwin sports betting is our favorite – Bet on the match
- Recently Blitz also has sports betting and we are happy to share the link for this bookmaker – Sportsbetting at Blitz
- Bet777 is also in the game for Champions League football – Will you be there too?
- Bet and watch top football! Champions League football at Unibet.
- Ladbrokes excels in sports betting. Do not hesitate to register and enjoy great promotions if you fancy a good reliable online sports betting site.
- Circus should of course not be included in this list – Anything can Happen – Circus sport
