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LADBROKES BETDAQ TAKEOVER BID RUMOURED
Monday July 30,2012 : LADBROKES BETDAQ TAKEOVER BID RUMOURED
and UK bookmaker fires product director for digital ahead of financial results
Ladbrokes may be considering a takeover bid of Betdaq, the Irish online sports-betting exchange owned by Dermot Desmond, rather than the "technology deal" reported earlier this year according to an article in the Sunday Independent over the weekend.
"There are discussions about deepening our relationship with Betdaq," said an unidentified Ladbrokes spokesman who "sort of" confirmed that some sort of deal was taking shape when he added: "We are on a programme to improve our technology, and that could make it useful to us. I won't comment on whether we would buy it, but it would be useful to us, and you can draw your own conclusions."
Former managing director of Betdaq UK, Rob Hartnett said: "I've heard it whispered with louder volume in recent weeks. Betdaq has made moves towards developing a sports book. The coming together of both sides of that equation would seem to be gathering pace."
Neither Ladbrokes nor Dermot Desmond responded for a request to comment.
In related news, Ladbrokes product director Richard Ames has reportedly been fired as the company approaches its latest resulting period amid speculation that the digital side of the business will show a dismal performance. Ladbrokes dismissed its Director of Trading Jon Thompson in June this year for undisclosed internal procedural reasons.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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