Tag Archives: The Times

The Times has reported that Rank Group governance are considering a £1.6 billion tie-up with 888 Holdings, following the pair’s failure to lure William Hill into a three-way merger. Following its H1 2016 results in which Rank would declare adjusted group profits of £77 million, CEO Henry Birch revealed to Reuters News that his firm was actively looking for potential …

Sky Betting & Gaming have announced that they have reached a milestone of 1,000 employees by hiring Software Engineer Nándor Szentpéteri, who joins the company’s Gaming Tribe. The announcement comes after record expansion across the last 5 months. The growth follows a 36% rise in revenue to £247m posted in the 12-months to June 2015, with further positive results anticipated …

Following this morning’s announcement by bwin.party Entertainment governance, that it had selected GVC Holdings £1.1 billion takeover offer over its prior bid of £908 million, 888 Holdings governance has publicly announced that it has withdrawn from acquisition discussions. The withdrawal sees 888 ends its deal co-operation agreement (accepted on 17 July) with bwin.party governance. In a short statement, 888’s board concluded that …

UK newspaper The Times has reported that London AIM listed operator GVC Holdings is considering an increase to 130p per share for its takeover bid of bwin.party Entertainment. The reported bid increase, would represent GVC’s third attempt at luring bwin.party away from bid leader 888 Holdings, who have offered a takeover deal valued at £908 million. On 7 August, reacting …

The Times has reported that Sportech Plc is considering the potential sale of its UK Football Pools business. The Liverpool based betting pools and wagering systems operator who recorded a 5% decline in EBITDA earnings to £24 million, are reported to be open to listening to offers as the company looks to focus on expanding its US facing racing division. …