Speaking on Newstalk’s ‘Breakfast Business’ show, Mark O’Neil Chief Financial Officer of Irish independent bookmaker Boylesports stated his firm’s intent on growing its UK retail network. O’Neil detailed that despite losing its bid to takeover Ladbrokes-Coral merger betting shop ‘offcuts’ which would have given his firm a ‘solid retail platform’, BoyleSports will move to pursue its long awaited plans of …
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Boylesports extends sponsorship of RTÉ Sport’s racing coverage
Irish independent bookmaker Boylesports has confirmed that it will extend its sponsorship of RTÉ Sport’s horse racing coverage for a further year. As part of its sports content, Irish national broadcaster RTÉ has at present 24 days of racing coverage including popular races the Irish Grand National, Irish Champion Stakes and The Irish derby, as well as festival coverage of …
Read More »Boylesports expands domestic portfolio buying Bambury betting shops
Irish bookmaker Boylesports has continued its domestic retail expansion by acquiring the portfolio of nine betting shops from independent bookmaker Bambury. Having agreed sale terms with Bambury owners, the purchase of the nine betting shops is currently awaiting approval by the Irish competition authority. Should Boylesports governance be successful in its purchase of Bambury estates, the Dundalk bookmaker will increase …
Read More »BoyleSports queries CMA regarding the sale of Ladbrokes-Coral shops
Irish independent bookmaker BoyleSports has publicly ‘communicated its concerns’ to the UK Competitions & Markets Authority (CMA) regarding the sale of 359 retail betting shops as part of the pending Ladbrokes-Coral merger. The bookmaker was disappointed to have had its larger bid turned down by Ladbrokes and Coral governance in favour of a lower combined £55.5 million cash bid by …
Read More »Boylesports prepares £100 million bid for Ladbrokes-Coral retail portfolio
Stating its corporate intent to increase its profile within the UK betting market, Irish independent bookmaker Boylesports outlined to the Irish Business Post that it is prepared to bid £100 million (€118 million) for a significant chunk of Ladbrokes-Coral retail betting shop inventory. Meeting industry competition concerns, the UK Competitions and Markets Authority (CMA) has forced Ladbrokes-Coral to sell circa …
Read More »Betfred closes in on Ladbrokes-Coral betting shops
The Sunday Times has reported that Betfred is nearing a deal to buy hundreds of betting shops, as the Ladbrokes-Coral merger enters the final stages of its UK Competition and Markets Authority (CMA) review. As part of its merger completion, Ladbrokes-Coral has been forced to sell a significant number of betting shops in order to secure UK competition approval and …
Read More »Fred Done – Betfred has eyes on Ladbrokes – Coral retail portfolio
Fred Done owner of Betfred is reported to be closely monitoring the £2.3 billion merger of Ladbrokes and Coral. Speaking to The Sunday Times, Done detailed that his firm were preparing to bid for as many as 500 retail betting shops he believes will be sold in order for the merger to satisfy UK regulatory competition terms and conditions. At …
Read More »Ladbrokes football trading lead David Burgin joins Boylesports
Ladbrokes long time serving Head of Football Trading David Burgin has left the operator to join competitor Boylesports. Industry news source EGR Magazine reports that Burgin has taken up a senior trading position at the Irish independent bookmaker’s Dundalk headquarters. Burgin departs Ladbrokes following approximately 25 years’ service. The trading expert departure comes just weeks following the announcement that Ladbrokes …
Read More »John Boyle – Boylesports monitoring closely Ladbrokes Coral Merger Plans
Speaking to the Belfast Telegraph, Boylesports’ Founder and CEO John Boyle has detailed that his company are closely monitoring the merger of UK betting operators Ladbrokes and Gala Coral. Irish Independent operator Boylesports has made no secret that it wishes to expand its services within the UK betting market, having declared that its operations have reached peak capacity within Ireland …
Read More »Irish competitors eye up Ladbrokes Coral retail estates
The agreed £2.3 billion merger of Ladbrokes and Gala Coral which awaits final approval from the UK Competition and Markets Authority, will likely see hundreds of retail outlets controlled by the operators placed up for sale. The new business entity which will form the UK’s biggest retail bookmaker with a combined 4000 outlets, will likely be forced to sell parts …
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