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888 and William Hill Merger?

Thursday December 31,2015 :  MORE GAMING MERGERS NEXT YEAR?
 
Will a 888 - Will Hill merge be next?
 
It’s been the busiest year for gaming-industry consolidation since 2005, and the wave of mergers and acquisitions isn’t over yet, Bloomberg business news reported Wednesday.
 
In an assessment of the coming year, the publication notes that governments are pushing taxes and regulatory costs upward at a time when companies are competing for new customers, and as a consequence gambling companies are combining to fight the squeeze on profits.
 
In 2015 the value of such collaborative deals reached $12.9 billion - almost double that of the preceding year, and the highest in a decade.
 
The piece quotes Warren Bartlett of Global Betting and Gaming Consultancy, who opines:
 
“Consolidation will continue, because a trend is in place where globally governments are increasing taxes on gambling. There’s a lack of profitability and a need to gain scale.”
 
According to Bartlett, one possible deal would be a takeover of 888 Holdings by William Hill, a transaction that the companies have discussed as recently as this year. Those talks ended in February because of differences over valuation and 888 shares have risen 22 percent since, even after the company was beaten by GVC Holdings in an auction for Bwin.party Digital Entertainment.
 
The share gain has propelled 888’s market value to about GBP 658 million.
 
Another possibility could see a combination of Unibet Group and Stockholm-based Betsson AB, Bartlett said. The companies rank seventh and 10th, respectively, in his online-gaming rankings.
 
Unibet, which has a market value of 23.8 billion kronor ($2.8 billion), is based in Malta and its stock is listed in Stockholm. Betsson has a 21.1-billion-kronor market value.
 
Bloomberg exemplifies the trend by pointing to Paddy Power GBP 2.9 billion takeover of Betfair Group, and points out that there have been 72 deals across the gambling industry in general this year, predicting that there is more to come in 2016, mainly in the Europe, the Middle East and Africa region, albeit not on the same scale.
 
Paula Murphy, an analyst at Fitch Ratings in London, told Bloomberg:
 
“There are too many players in the EMEA gaming market, particularly with new online operators. Further consolidation should leave the remaining players better placed to cope with increasing regulation and capital expenditure requirements.”
 
“The very competitive EMEA gaming markets will keep operating margins under pressure over the next three years,” she added.
 
http://www.bloomberg.com/news/articles/2015-12-29/here-s-a-sure-bet-merger-mania-won-t-abate-in-gaming-industry

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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